Tag Archives: Warren Buffett

Charlie Munger – vice chairman of American insurance giant Berkshire Hathaway – passed away in Los Angeles on Tuesday at the age of 99, according to a company announcement. The firm said that it was advised of Munger’s death by members of his family, who say he passed away peacefully on the morning of November 28 in a California hospital. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom, and participation,” said Warren...

While bitcoin has undoubtedly garnered huge legions of fans over the years, there are several individuals that still fall into the “hater” category. People like Warren Buffett and Charlie Munger check the “hater” box when it comes to bitcoin sentiment, and now, Ratan Tata – one of the world’s wealthiest people – is going to join them. Ratan Tata Doesn’t Hold Any Ties to Crypto Tata recently gave an interview about why he doesn’t care for bitcoin and why he doesn’t...

CoinspeakerBerkshire Hathaway Shares Up 2% after Impressive Q2 2023 Report Berkshire Hathaway has reported an astounding $26 billion unrealized gain from its investments. Berkshire Hathaway Shares Up 2% after Impressive Q2 2023 Report

Bitcoin is a big asset. It’s got legions of fans all over the world, and it appears to be taking a higher level of precedence in U.S. national politics and similar arenas. However, it’s become clear over time that the world’s biggest and most popular digital asset isn’t going to attract positive attention from everyone, and one of its biggest haters – Nassim Nicholas Taleb, the author of the novel “Black Swan” – has consistently made it clear he’s not a fan....

Warren Buffett has again increased its stakes in the 5 large trading firms in Japan where Berkshire Hathaway had a 7.4% stake. American multinational conglomerate holding company Berkshire Hathaway (NYSE: BRK) has increased its stake in a few trading firms in Japan through a wholly-owned subsidiary, National Indemnity Company. The average stake in these firms is over 8.5%. Berkshire Hathaway announced that National Indemnity Company now has more stakes in Mitsubishi, Marubeni, Sumitomo,...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin has been doing quite well as of late. The currency recently hit a price of $30K for the first time in about 11 months and the asset has shot up steadily since the beginning of the year. Sadly, this has not been enough to convince Warren Buffett – a long-time crypto critic – of its worth, and he’s...

The legendary US investor and an outspoken critic of cryptocurrencies – Warren Buffett – launched another bashing manifest against bitcoin, classifying it as a “gambling token.”  He argued that most people invest in it in search of “easy money,” alerting that the pursuit of getting rich in a short period of time hides its risks. Throwing Stones at Bitcoin… Again Although bitcoin has soared by over 80% YTD amid the massive financial uncertainty, some people might never change...

While Jay-Z is known as a music icon, his wealth accumulation can be attributed to his wide-ranging investment in different companies. American rapper and founder of Roc Nation music label, Jay-Z has seen a dramatic rise in his net worth over the past year according to Forbes. Per the figures released, Jay-Z is now worth as much as $2.5 billion in what comes as a prophecy come true for the 53-year-old rapper. Jay Z was not one of the founders of rap music in the United States, but he...

Charlie Munger – the righthand man of Warren Buffett (CEO of real estate giant Berkshire Hathaway) – has never been a bitcoin fan, and after his latest interview, it’s likely he never will be. Charlie Munger Makes His Hate of Crypto Clear During a recent discussion, Munger said of bitcoin and crypto: Sometimes I call it crypto-crappo and sometimes I call it, well, crypto sh*t. At 99 years of age, Munger has been around for some time. He’s probably gotten used to the way...

Christopher Waller is the Federal Reserve board governor. In a recent interview, he made it clear he’s not a fan of the digital currency space, nor does he think crypto assets have any real value to them. Christopher Waller Is Concerned About Crypto In the discussion, Waller said that most digital currencies were “speculative” and comparable to baseball cards. He also said that the only value they have stems from the belief of others. He stated: If you buy crypto assets...