What warren buffett says about bitcoin

In fact, when we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever. It just sits there. Buffett has argued for years that index funds offer better returns to investors than stock-pickers, as they provide exposure to a broad range of stocks and charge fewer fees.

Buffett has made some negative remarks about bitcoin in the past, and he just renewed his criticism.

Every sector in the world has several good players, but one would standout from each one of. Take paintings, for instance. Quite similar is the story of Warren Buffett, the single most influential man what warren buffett says about bitcoin the investment sector. If investing had been an art, Buffett would probably have been the best artist the world would ever see. The sheer influence he has on financial markets is insanely huge, so when he speaks, the world listens. And one of those unfortunate ones is Bitcoin, the cryptocurrency dear to millions. Warren Buffett has been a long-time critic of Bitcoins and has never held his words back while criticizing it.

What Buffett has said about bitcoin and other cryptocurrencies in the past

Warren Buffett ‘s aversion to bitcoin just escalated. There’s been disappearances, so there’s a lot lost on it. It just sits there. It’s like a seashell or something, and that is not an investment to me,» he added. What I’ll have here is a little token But the button has one use and it’s a very limited use,» Buffett said.

What Buffett has said about bitcoin and other cryptocurrencies in the past

Luckily for Buffett, he changed his mind. Image source: The Motley Fool. Not surprisingly, what warren buffett says about bitcoin response by many tech industry heavyweights, such as Marc Andreessen, was to dismiss Buffett’s comments, claiming bitcoin is yet another new technology Buffett doesn’t understand. I just don’t know when or warrne much it corrects,» tweeted Cuban. So, it’s entirely possible sats Buffett’s viewpoint on bitcoin has changed somewhat. Obviously, don’t expect Warren Buffett — or Berkshire Hathaway, for that matter — to buy bitcoin anytime soon. VIDEO Both companies have significantly expanded their already huge shares of market during the past ten years, and all signs point to their repeating that performance in the next decade. Yet earlier this month, J.