Topic: Warren Buffet to buy Bitcoins? (Read 6977 times)
Warren doesn't invest in assets which he doesn't understand. Be like Warren.
Warren buffet is into traditional stocks more than cyrptocurrencies, they see it has it belong to the baby boomers . I have not ever heared or see any authoritative news with warren buffet on crypto market.
Warren Buffet is actually against Bitcoin and always say negative things about it. Who knows that he may have some Bitcoins secretly or may plan to acquire some, my thought is, he is too old and his thoughts is also like him so it is strange for him to get into Bitcoin. Old school guys never accept latest technology that easy. Innovative technology always far from the reach of old school guys.
That's why sometimes I don't trust the public profess of those business men in politics. Bitcoin is anonymous and anyone can hold it even while saying word against it. Who knows if he doesnt own bitcoin?
Warren Buffet is actually against Bitcoin and always say negative things about it. Who knows that he may have some Bitcoins secretly or may plan to acquire some, my thought is, he is too old and his thoughts is also like him so it is strange for him to get into Bitcoin. Old school guys never accept latest technology that easy. Innovative technology always far from the reach of old school guys.
Warren buffet still remains in formidable name as an investor that never own a bitcoin. Obviously at his age it might difficult to accept new technology believing in obvious than the abstract. His long hatred for cryptocurrency had been read in the news and article severally has it been mentioned in every of his interview. However, none of opinion even as a voice of business adviser in USA for the government could affect the coin. Am not worried but concern with his frequency on the news with similar answers and view from new investors. If any new investors who believes in the old man's cryptocurrnecy approach you on the bases of these beliefs. How will you reply?
Everybody knows what Warren Buffet will do. Only no one has his money. :-)
All of you wrong. He might be already own some handsome percentage on bitcoin. He won't announce it becoz he don't want it explode too early.
I don't understand why someone in Buffet's position would outright never buy bitcoins. So what if it's risky? If you put 100.000 USD into it, and Bitcoin just collapses, so what? You probably have more money between your coach cussions. It's not like you'll be on the street, dancing for nickles. On the other hand, if Bitcoin goes mainstream big-time, the upside is astronomical. I don't understand this attitude.
The issue isn't that bitcoins are risky. The issue is that bitcoins are at best an instrument/currency/commodity/tool. Buffet invests in stocks because stocks are shares of companies, and companies do things - build things - constantly produce real value by plying a trade that he can model in his head and see why it constitutes economic over-unity. Whereas, you buy a million BTC and put it in an address, and the value might go up but those bitcoins aren't doing anything. They're just sitting there like a big fried egg.But he could invest indirectly in bitcoin them by buying up bitcoin companies... Hopefully gox!
That'd certainly be something to see. I'd be surprised if it was Gox, though, given how much hot water they've hopped into lately (losing their ability to send wires, trade engine malfunctions...)Quote
Buffet invests in stocks because stocks are shares of companies
Wrong, Buffet buys companies not stocks, he has said it numerous times, his purchase mechanism happens to be via stock.
He has also said often enough that he wishes he could buy smaller companies, but can't.
http://www.investopedia.com/articles/stocks/08/buffet-investing.asp
Quote
Small Investments, High Returns
During a shareholders meeting in 1999, Warren Buffett lamented that he could generate 50% returns if only he had less money to invest. He couldn't compound $100 million or $1 billion, at a 50% rate. That's because it's the smaller, faster growing companies that typically offer the highest returns. Small capitalization stocks, however, can't help Warren Buffett. For example, if Buffett invested in a $240 million market cap company and its value doubled, the impact would increase Berkshire Hathaway's portfolio by just 0.3%. Considering the amount of research involved, it may not be worth his while. Buffett stays away from small cap stocks, despite their potential for high returns because he neither wants to cause a run up in the price of a small cap stock, nor does he want a controlling stake. (Find out why small caps have more potential for growth, read Small Caps Boast Big Advantages.)
During a shareholders meeting in 1999, Warren Buffett lamented that he could generate 50% returns if only he had less money to invest. He couldn't compound $100 million or $1 billion, at a 50% rate. That's because it's the smaller, faster growing companies that typically offer the highest returns. Small capitalization stocks, however, can't help Warren Buffett. For example, if Buffett invested in a $240 million market cap company and its value doubled, the impact would increase Berkshire Hathaway's portfolio by just 0.3%. Considering the amount of research involved, it may not be worth his while. Buffett stays away from small cap stocks, despite their potential for high returns because he neither wants to cause a run up in the price of a small cap stock, nor does he want a controlling stake. (Find out why small caps have more potential for growth, read Small Caps Boast Big Advantages.)
Warren Buffet wouldn't touch Bitcoins, because he isn't good at securing his wallet. All hacker will target his computer knowing that he would have the most Bitcoin, possible to even have more coins then the creator...
yeah last i heard he was buying Canada! LOL
Warren Buffet wouldn't touch Bitcoins, because he isn't good at securing his wallet. All hacker will target his computer knowing that he would have the most Bitcoin, possible to even have more coins then the creator...
Warran Buffer is already buying Bitcoins secretly, he will announce once he have enough Bitcoins...
That's how he usually does it yeah. Announce when the position is in place.
No chance
He doesn't get tech by his own admission....
He doesn't get tech by his own admission....
No he doesn't buy what he does not understand. Bitcoin is very different from tech companies. I'm not sure whether he understands it (but he does understand IBM apparently).
To me, banks are far more complex than tech companies btw. I doubt I'll ever buy bank stock.
ya everyone knows WB gets his bitcoins from free faucets! LOL
Warran Buffer is already buying Bitcoins secretly, he will announce once he have enough Bitcoins...
That's how he usually does it yeah. Announce when the position is in place.
No chance
He doesn't get tech by his own admission....
He doesn't get tech by his own admission....
No he doesn't buy what he does not understand. Bitcoin is very different from tech companies. I'm not sure whether he understands it (but he does understand IBM apparently).
To me, banks are far more complex than tech companies btw. I doubt I'll ever buy bank stock.
He said Bitcoin is rat poison.
Too old imo.
Too old imo.
He meant that bitcoin is rat poison to Fiat money.
no i think he was talking about BATH SALTS! imho ..silk road gone>>we are in the clear!
He said Bitcoin is rat poison.
Too old imo.
Too old imo.
He meant that bitcoin is rat poison to Fiat money.
He said Bitcoin is rat poison.
Too old imo.
Too old imo.
That was Charlie Munger. Warren Buffet said he was on the fence. Bill Gates said it was a cool technology.
bs! ~he said he agreed with them...that link is hard to find. Trust me he could fat finger bitcoin "to the moon" at will!
http://video.foxbusiness.com/v/2359385547001/mungerbuffett-disagree-on-corporate-tax-rates/?playlist_id=1034196606001
Buffett - Gates - Munger on FoxBusiness begins the video speaking about Bitcoin ! Short tought !
That is pretty crazy to think, but easily verifiable by just bringing it up in conversation. I'm a teacher so get to talk with people and often new people, on a fairly regular basis. I also work at IT companies primarily. Honestly, most people have never heard of it. Some IT guys have and of all of them, none had any. I changed all that
At least a few bought a little. I bring up the price every so often. Same answer most of the time - Too expensive. They can't understand a fraction of a BTC at this point is more valuable than buying stocks.Regarding Buffet, like I said, he will buy when he is "forced" to buy. He is a part of an OLD paradigm. He will not break his method without kicking and screaming. At some point in time though, he will probably see it as successful and want in. At the same time, he is probably on the side of those who want it taken down.
IAS
Yup, yup.
Buffett is what I like to call a raider.
He would wait til Bitcoin is "over the shark" and then buy it real cheap when a crisis hits, or when alt-coins start overtaking its marketshare.
warren buffet went all in o feathercoins because he figured feathers would fall slower than bits.
April 2013 was a mini-crash. And value investors like W. Buffet always seek this kind of opportunities. The problem is, these opportunities appear once or twice every decade or so. If Buffet not invested yet into BTC, probably he missed the train! In other words, it is too late to invest for him (as you indicated he only buys on the lows). My personal prediction is that Buffet and/or any other big guy already invested BTC secretly. And we'll hear that news once the four-five digits appear on BTC
I don't think so. Bitcoin was really below the radar back then... most people had no idea what it was.
That is pretty crazy to think, but easily verifiable by just bringing it up in conversation. I'm a teacher so get to talk with people and often new people, on a fairly regular basis. I also work at IT companies primarily. Honestly, most people have never heard of it. Some IT guys have and of all of them, none had any. I changed all that
At least a few bought a little. I bring up the price every so often. Same answer most of the time - Too expensive. They can't understand a fraction of a BTC at this point is more valuable than buying stocks.Regarding Buffet, like I said, he will buy when he is "forced" to buy. He is a part of an OLD paradigm. He will not break his method without kicking and screaming. At some point in time though, he will probably see it as successful and want in. At the same time, he is probably on the side of those who want it taken down.
IAS
April 2013 was a mini-crash. And value investors like W. Buffet always seek this kind of opportunities. The problem is, these opportunities appear once or twice every decade or so. If Buffet not invested yet into BTC, probably he missed the train! In other words, it is too late to invest for him (as you indicated he only buys on the lows). My personal prediction is that Buffet and/or any other big guy already invested BTC secretly. And we'll hear that news once the four-five digits appear on BTC
I don't think so. Bitcoin was really below the radar back then... most people had no idea what it was.
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