Warren Buffet is getting attention recently because he is adding two high level people to Berkshire Hathaway. Warren Buffett wants to secure the future of his long lived company well into the future. When it comes to gambling with Bitcoin, Buffett will have none of it. He is the smartest investor in the financial markets. He doesn't play games. The investments Buffet makes are solid and dependable, not fly by the seat of your pants "bubbles."
January 11, 2018
By James Burton and Phoebe Weston
Legendary investor Warren Buffett (click here) has warned Bitcoin backers face disaster – and suggested the online currency craze will come crashing down.
Bitcoin surged as much as 1,900 per cent last year before moving sharply lower again.
But regulators, bankers and experienced traders have warned it is a toxic bubble that will eventually ruin many people involved, according to the Daily Mail.
Buffett – known as the Sage of Omaha for his incredible moneymaking skills
– said: "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending."...
January 11, 2018
By James Burton and Phoebe Weston
Legendary investor Warren Buffett (click here) has warned Bitcoin backers face disaster – and suggested the online currency craze will come crashing down.
Bitcoin surged as much as 1,900 per cent last year before moving sharply lower again.
But regulators, bankers and experienced traders have warned it is a toxic bubble that will eventually ruin many people involved, according to the Daily Mail.
Buffett – known as the Sage of Omaha for his incredible moneymaking skills
– said: "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending."...
