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Topic: Impact if Warren Buffet was investing in Bitcoin (Read 3677 times)

sr. member
Activity: 364
Merit: 250
hero member
Activity: 618
Merit: 500
a clockwork miner
Quite a misleading thread title, OP.
+1

I'm really pissed of by this attitude, both in forum and in newspapers.


+1

Please OP correct the title.
hero member
Activity: 630
Merit: 500
Bitgoblin
Quite a misleading thread title, OP.
+1

I'm really pissed of by this attitude, both in forum and in newspapers.
legendary
Activity: 2324
Merit: 1125
Warren does not invest in commodities. If he invests, it will be into a bitcoin-related company, not bitcoin itself.

Warren has invested in  gold and silver in the past afaik. It can't have been a primary or long term holding though.

The reason he'll avoid Bitcoin is because he doesn't understand it. The first tech company he ever bough shares in in IBM and that's hardly a tech company anymore is it? Wink
hero member
Activity: 728
Merit: 500
Quite a misleading thread title, OP.

Yes very annoying.

+1
But better then titles like "just saying..." or "I have an idea".

how about "what if ... ?". Simple, easy, clear.
hero member
Activity: 546
Merit: 500
hm
Quite a misleading thread title, OP.

Yes very annoying.

+1
But better then titles like "just saying..." or "I have an idea".
legendary
Activity: 1764
Merit: 1007
Gavin Andresen will be on Oprah

I predict this will happen within a year's timeframe.
hero member
Activity: 728
Merit: 500
Misleading title + exclamation mark. OP trying to be smart here.
full member
Activity: 232
Merit: 100
If you want to understand Warren Buffet's investment style then you only need to read one book.  It is called 'Security Analysis' by Benjamin Graham and David Dodd.  It is the bible of value investing.
full member
Activity: 220
Merit: 100
I'm wondering what the impact would be - near and long term - if Warren Buffet / Berkshire Hathaway was to take a significant position in Bitcoin.

I'm not just speaking about the price here, I'm looking at the media impact, adoption, legitimacy, business acceptance and so forth.


Then you really don't have a tiniest clue about buffet and his investment style- He won't/didn't invest in google,msft etc  because he doesn't understand the business/technology and cant assess the risks involved in new technology companies ( although he invested in ibm because it's a 100y company  ) take a look at his portfolio and make a guess yourself.

Drop your thought and move on.
full member
Activity: 148
Merit: 100
Warren effing Buffet?

What's that got to do with the real world, let alone Bitcoin?

Strikes me more as some airheaded stockmarket dingbat nonsense than anything to do with real 21st century digital wealth transfer technology.

***Attempts to drag oneself out of 18th/19th/20th century economic cesspool***

I'd agree - Buffet is very much an "old school" investor but his slow-but-steady success over the decades has earned him the respect of Wall Street with many players at the top of town hanging on his every word.

I'm just wondering how the financial world might respond if he was to endorse it as a future technology, but let's say for the point of the argument he stays semi-traditional and instead of investing in BTC directly he decided to take a major shareholding in Bitpay, Armory or some other prominent Bitcoin specific company?
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
And once he understood it, he would buy it.
Have you ever read his discussion of why he considers gold to be a bad investment, no matter what happens to be going on with the price?
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Warren effing Buffet?

What's that got to do with the real world, let alone Bitcoin?

Strikes me more as some airheaded stockmarket dingbat nonsense than anything to do with real 21st century digital wealth transfer technology.

***Attempts to drag oneself out of 18th/19th/20th century economic cesspool***
member
Activity: 69
Merit: 10
I dont think this is very likely however there will be many big changes for bitcoin coming up shorty.
legendary
Activity: 1540
Merit: 1000
I think we'd have a better chance of Jim Rogers investing in Bitcoin frankly.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Buffet only invests in things he understand.
Buffet stays away from tech stocks and newfangled contraptions.
Buffet is an old man with an old-school investing philosophy.

All true, but he would definitely understand bitcoin.  He old, but he's clever, and it's just made of cleverness, no social currency required.  Bill could explain it to him right quick.  And once he understood it, he would buy it.  He's no fool.
sr. member
Activity: 448
Merit: 250
Buffet only invests in things he understand.
Buffet stays away from tech stocks and newfangled contraptions.
Buffet is an old man with an old-school investing philosophy.

Gavin Andresen will be on Oprah before Buffet buys bitcoins.
hero member
Activity: 728
Merit: 500
Warren does not invest in commodities. If he invests, it will be into a bitcoin-related company, not bitcoin itself.
newbie
Activity: 45
Merit: 0
Quite a misleading thread title, OP.

Yes very annoying.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
No chance.  Warren Buffet would consider Bitcoin to be a WMD just like CDOs.
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