Buffet on bitcoin

One of Buffett's best investment lessons : Never invest in something you don't understand.

4 Reasons Warren Buffett Can't Stomach Bitcoin

The mechanics of bitcoin, how you mine it, and how its deregulated network functions are extraordinarily confusing, even for the tech-savvy. So it isn't surprising that Buffett takes a hard pass here.

Here are Buffett's 16 best quotes about Bitcoin and crypto, edited and condensed for clarity:

Buffett has said repeatedly that he believes cryptocurrencies will end badly. The problem is, he has no clue when. Keeping with his rule of investing in what he knows, Buffett will never bet money by shorting cryptocurrencies, either. Investing Best Accounts.

1. He doesn't invest in unproductive assets.

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Warren Buffett: Why I HATE Bitcoin? (Truth)

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Buffett Calls Bitcoin a 'Gambling Device' - CoinDesk

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Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. Stock Advisor launched in February of Join Stock Advisor.


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A Berkshire Hathaway Inc. B Berkshire Hathaway Inc. Related Articles. The Oracle of Omaha has, in fact, on several occasions showed his aversion to the crypto king. He had also likened the cryptocurrency to the buttons on his jacket.

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He made his first million-dollar investment in a windmill manufacturing company — Dempster. Like us on Facebook and follow us on Twitter.


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