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re: So Warren Buffet sees no future in bitcoin...
Posted on 5/9/13 at 5:41 am to League Champs
Posted on 5/9/13 at 5:41 am to League Champs
quote:
I'm torn between trusting Wiki and Josh vs A man worth 49 billion dollars
Oh and he's worth 53.8 billion. $49 billion was Berkshire Hathaway 's 1st quarter revenue. To put that in perspective, he could buy the entire bitcoin market, 49 times, with just the profits from January, February and March of 2013. Yet he wouldn't even invest a dime in it.
THAT would be embarrassing for me if I was a bitcoin enthusiast.
1
Posted on 5/14/13 at 11:35 am to Vols&Shaft83
quote:
Oh and he's worth 53.8 billion. $49 billion was Berkshire Hathaway 's 1st quarter revenue. To put that in perspective, he could buy the entire bitcoin market, 49 times, with just the profits from January, February and March of 2013. Yet he wouldn't even invest a dime in it.
THAT would be embarrassing for me if I was a bitcoin enthusiast.
All of that seems rather irrelevant to me honestly
Just because some random billionaire investor doesn't invest in a specific investment instrument, it doesn't mean that it is a bad investment.
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