Topic: Impact if Warren Buffet was investing in Bitcoin (Read 3674 times)
Quite a misleading thread title, OP.
+1I'm really pissed of by this attitude, both in forum and in newspapers.
+1
Please OP correct the title.
Quite a misleading thread title, OP.
+1I'm really pissed of by this attitude, both in forum and in newspapers.
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?
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.
Quite a misleading thread title, OP.
Yes very annoying.
+1
But better then titles like "just saying..." or "I have an idea".
Gavin Andresen will be on Oprah
I predict this will happen within a year's timeframe.
Misleading title + exclamation mark. OP trying to be smart here.
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.
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.
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.
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***
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?
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? 
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***
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 dont think this is very likely however there will be many big changes for bitcoin coming up shorty.
I think we'd have a better chance of Jim Rogers investing in Bitcoin frankly.
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.
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.
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.
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.
Warren does not invest in commodities. If he invests, it will be into a bitcoin-related company, not bitcoin itself.
Quite a misleading thread title, OP.
Yes very annoying.
No chance. Warren Buffet would consider Bitcoin to be a WMD just like CDOs.
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