Warren Buffett, Charlie Munger Not Excited Over Bitcoin

Written by:
Guest
Published on:
Jan/11/2018

Warren Buffett, Berkshire Hathaway chairman and CEO, and Charlie Munger, Berkshire Hathaway vice chairman, share their views on Bitcoin being a bubble.

What would Munger's message to young Millennials be who are so excited about the cryptocurrency craze?

"They're excited because it's going up at the moment and it sounds vaguely modern and I'm sure the computer science involved is difficult and interesting so you can understand why they get excited, but I'm not excited."

Buffet chimed in: "If you are buying something because it went up last week, that is not a (good) reason for buying anything."

Watch more below...


Bookmaker accepts most crypto-currencies

video News

Bitcoin is Not an Investment and Not a Currency Claims Author Jeffrey Robinson

Bitcoin is Not an Investment and Not a Currency Claims Author Jeffrey Robinson

Jeffrey Robinson, author of "bitcoin: The Naked Truth," discusses the skepticism about bitcoin, digital currency regulation and the future of cryptocurrencies.

Bitcoin Conspiracy Theorists Suggest Cryptocurrency Created by AI

Bitcoin Conspiracy Theorists Suggest Cryptocurrency Created by AI

Could it be that the anonymous digital currency Bitcoin was not developed by humans at all but instead by Artificial Intelligence or AI?  That's what one conspiracy website is suggesting and, worse still, the creation of Bitcoin may be for some type of malevolent purposes.

Visa CEO Talks Bitcoin

Visa CEO Talks Bitcoin

Among the topics covered by Visa CEO Alfred Kelly on CNBC: The recent tax cuts, global transactions and, of course, Bitcoin.

Bitcoin Vs. Stocks: Worth The Volatility?

CNBC's Dominic Chu takes a look at the volatility in both equities and cryptocurrencies markets, and which risk scenario could be better for investors.

Patriots Super Bowl 52 Path The 'Easiest Ever'

Since 1990, no team with a bye has ever faced two weaker opponents than New England's pair of Tennessee and Jacksonville, so writes Neile Paine of ESPN.com.

Syndicate