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Topic: Why didn't Warren Buffett invest in Bitcoin? - page 6. (Read 883 times)

newbie
Activity: 164
Merit: 0
As you have mentioned, Bufet's interest in long term and constant flow of income. Bitcoin or any other crypto is not a consistent income earner, this is due to largely volatile market and high unpredictable nature, one day the market is high the other it's in its all time low. such is not an interest of a career long term investor like warren, Cryptocurrency is not for all people, not everyone can manage the risks involved so its not a suprise he dint invest, we all have different investment plans and we tend to stick to it
member
Activity: 392
Merit: 10
Warren Buffett may actually be wrong about the BTC, and I know that Mr. Buffett has said that he only invests in what he understands, so I hope he'll take some time to learn more about bitcoin.

Cryptocurrency, as long as the industry continues to work hard, is bound to be one of the greatest inventions of the future that will benefit society as a whole.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
I am not a warren Buffet,so I don't have the same taste as he do.Well in bitcoin there os no guaranteed return bun in long time investment the investors made lot of profits so turn back the history of bitcoin and its price growth to know what is the capable of long time investment.

And one more thing "You can't convince a money that honey is sweeter than banana". Tongue
newbie
Activity: 98
Merit: 0
I'm pretty sure that he's a whale. Grin All of that talk against Bitcoin is just to lower it's price so he can buy more. The predictions are true and everybody knows that the Bitcoin will go over 100k in the next few years. He's maybe old but not dumb. And he likes money so..
newbie
Activity: 112
Merit: 0
Warren Buffett is a traditional type of investor. if you take a look into his portfolio, you will see investments like in Oil and Gas, Telecoms, Banks, Agriculture, Beverage and even in Airlines. He is a traditional investor, he wants to play safe and place his money on common stocks where he has voting rights. This way there are higher chances of earning more than investing in preferred stocks. If Warren Buffett invests in Cryptocurrencies, all he can do is hoard and play as a whale but not really in control of where it is heading.
Right. I think his investment depends on the business perspective. For example, he was a good friend to Bill Gates, investing in Microsoft was a great thing but with Warren Buffett he refused. Simply because he thinks that it is not advisable to invest in stocks that you have friends with the owners of those companies. It is personal, not business oriented.
newbie
Activity: 112
Merit: 0
Warren Buffett did not invest in Bitcoin because he thought it was a scam. He is a big investor but that does not mean that everything he says is right. I think that Warren Buffett's comments on Bitcoin are just personal criticism, not an investment. I respect him but disagree with him on this point. And I'm still researching and investing in Cryptocurrency as well as Bitcoin.
member
Activity: 336
Merit: 10
Warren Buffett believes that cryptocurrency is a scam. Besides, he is about 80 years old. If you invest in this, you have to complete the knowledge. As he was of age, he now understands them less. So he is not ready to invest.
member
Activity: 378
Merit: 10
Maybe someone like Warren Buffett is waiting or monitoring the development of bitcoin, a person like warren buffett I think has its own thoughts about bitcoin so he needs to learn and wait for the right time to invest.

I agree, but I will say one thing: I think that we just do not say where exactly invest such serious people with such large wallets! I suppose that big sales take place outside the stock exchange and through fake people! Soros, for example, even separately created an investment Fund in the crypto world, and only recently said about it! so let's wait and see how these people really relate to the crypto world and bitcoin!
newbie
Activity: 173
Merit: 0
Maybe someone like Warren Buffett is waiting or monitoring the development of bitcoin, a person like warren buffett I think has its own thoughts about bitcoin so he needs to learn and wait for the right time to invest.
newbie
Activity: 182
Merit: 0
Warren Buffett is a traditional type of investor. if you take a look into his portfolio, you will see investments like in Oil and Gas, Telecoms, Banks, Agriculture, Beverage and even in Airlines. He is a traditional investor, he wants to play safe and place his money on common stocks where he has voting rights. This way there are higher chances of earning more than investing in preferred stocks. If Warren Buffett invests in Cryptocurrencies, all he can do is hoard and play as a whale but not really in control of where it is heading.

You are 100% right. Moreover he bought various companies (even those that dealing with shoes and boots).
legendary
Activity: 1834
Merit: 1036
Warren Buffett is a traditional type of investor. if you take a look into his portfolio, you will see investments like in Oil and Gas, Telecoms, Banks, Agriculture, Beverage and even in Airlines. He is a traditional investor, he wants to play safe and place his money on common stocks where he has voting rights. This way there are higher chances of earning more than investing in preferred stocks. If Warren Buffett invests in Cryptocurrencies, all he can do is hoard and play as a whale but not really in control of where it is heading.
member
Activity: 340
Merit: 10
I think warren bufeft and bill gate were wrong about bitcoin as well as crypto.  Maybe he is too old to change the current trend.  So he does not like bitcoin
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?

Is this really about Warren or someone else because the bold part is sure not referring to him. Warren is already rich and he does not need even need to do any more investment in life for him live through life. The return of his percentage holding in cocacola is enough if he wants above a moderate life. There is no perfect reason as to why Warren chose to or not invest in bitcoin only him  can give the explanation to that. Its really difficult for someone who has known a particular working way for him all his life to then change overnight.

LOL, yeah it has nothing to do with becoming rich. but it has everything to do with storing your money safely some place where nobody can touch.
even rich people (millionaires and billionaires) fear their future and they are concerned with where they "park their money". many of them have been keeping their eyes on bitcoin and have been seeing it as a viable option to store their money. and when you have millions to invest you don't want the price to go up and you certainly don't want anyone to know you are investing in it, that defeats the whole purpose of it if they knew.
newbie
Activity: 60
Merit: 0
Nah he did and i am sure of it when ever bitcoin is about to cross 10 k mark recently hes made a statement against it . dont think hes a fool
newbie
Activity: 20
Merit: 0
BTC is the game of all kind of people. Many people they dont know about BTC and cryptocurrencies. So BTC have many potential risk and can not control. That is reason make it easy to become a bubble, this is not Buffet's style !
hero member
Activity: 798
Merit: 503
To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?

Is this really about Warren or someone else because the bold part is sure not referring to him. Warren is already rich and he does not need even need to do any more investment in life for him live through life. The return of his percentage holding in cocacola is enough if he wants above a moderate life. There is no perfect reason as to why Warren chose to or not invest in bitcoin only him  can give the explanation to that. Its really difficult for someone who has known a particular working way for him all his life to then change overnight.
copper member
Activity: 482
Merit: 1
Everyone has their genuine reasons for investing or not , this is the just to show that the crypto journey is still very far. Its a good thing because early investors will make massive gains.
full member
Activity: 188
Merit: 100
So far the technology adopted by the old generation is too complicated. They have lived most of their lives without relying on computers. Where my grandfather found it difficult to use the phone and facebook. I would not be surprised about Warren Buffet being in that position with the presence of bitcoin. Cool
legendary
Activity: 2282
Merit: 1023
To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
If you look at his investments throughout his career he was not having a positive insight in the technological aspect and he never invested in any of the technological companies and so it is not surprising that he is not interested in bitcoin. He can tell what ever he wants but i does not affect people's choice on what to invest.
newbie
Activity: 66
Merit: 0
A closer look at Buffett’s investment strategy reveals that Bitcoin and Buffett were never posed to be a love affair. Buffett’s investment strategy circulates around the concept of intrinsic value.

Buffett defines intrinsic value as follows:

Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.

To give you an example: Buffett bought about $ 1 billion in Coca Cola stock in 1988. Coca Cola has lots of intrinsic value: People all around the world consume Coca Cola, thereby creating a steady stream of profits for the company. These profits make Coca Cola a valuable company.

Now, what Buffett looks for are companies whose market cap is significantly lower than their intrinsic value. In other words, Buffett looks for companies that are significantly undervalued, just like Coca Cola in 1988.
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