Tag Archives: Warren Buffett

Not long ago, tech investor Peter Thiel – who is known for his role in the creation of PayPal, one of the largest and most popular digital payment systems in the world – took aim at Warren Buffett, calling him a “psychopathic grandpa from Omaha.” This was in response to Buffett’s repeated attacks on bitcoin. Buffett has referred to BTC “rat poison squared” in the past. Peter Thiel and Warren Buffett Fight It Out Over BTC Thiel also hit out at Jamie Dimon, the man behind...

Peter Thiel – a legendary billionaire investor and the co-founder of PayPal and Palantir Technologies – explained in a recent interview that too many companies have gone “woke,” and are thus at risk of being controlled by the government. However, he doesn’t see bitcoin taking this route. Peter Thiel Is Confident in the Future of BTC In his discussion, Thiel also went off on Warren Buffett, calling him an enemy of bitcoin. He said plenty of other unpleasant things about...

The outspoken proponent of the cryptocurrency industry – Anthony Scaramucci – urged investors to ignore Berkshire Hathaway’s CEO Warren Buffett and the head of JPMorgan Chase – Jamie Dimon – who have criticized the digital asset sector numerous times. Scaramucci argued that these people had not done their “homework,” which is why they have not entered the crypto market. On the other hand, prominent investors such as Paul Tudor Jones, Stan Druckenmiller, and Steve Cohen had...

It looks like Warren Buffett has gotten to another class-A investor about bitcoin. To be fair, the person in question – Joel Greenblatt – is a “student” of Buffett that has been molded by the veteran real estate mogul, but it’s always disappointing when someone is so against bitcoin and crypto. Joel Greenblatt Doesn’t Think BTC Has Value Joel Greenblatt said in a recent interview that he has never bought bitcoin. He does not own any units of the world’s number one...

Now that Russia has invaded Ukraine, many are worried that the United States could be entering the brink of war. We have made it clear to our enemies that if democracy is threatened anywhere in the world, the country will intervene. Warren Buffett – the mogul behind real estate giant Berkshire Hathaway – says that investors should avoid things like bitcoin and gold for now, and they should instead put all their money into stocks, as they are the safest bets in times of...

Thomas Peterffy was once a bitcoin skeptic. Now, he has changed his mind, suggesting the cryptocurrency has come much farther than he – and several others – ever could have imagined. Thomas Peterffy Seems to Like BTC Bitcoin began its financial journey about 13 or 14 years ago. The asset was first brought to our attention through a 2008 whitepaper and the currency was first mined in early 2009. Since then, while it had something of a slow start, the currency has risen in...

Michael Saylor – the CEO of software giant MicroStrategy – has commented that bitcoin doesn’t need help from people like Warren Buffett to really be successful. Warren Buffett On Bitcoin… It Ain’t Good In the past, Buffett – the CEO of real estate company Berkshire Hathaway – has been rather dismissive of bitcoin, comparing it to a button on his shirt and even calling it “rat poison squared” at one point. No doubt the man has a serious hate for the world’s number one...

A survey conducted by the American multinational investment bank JPMorgan Chase & Co. revealed that most big investors do not find the crypto market appealing as only 10% of the participants asserted they trade digital assets. Moreover, 30% of the people agreed with Warren Buffett’s opinion that BTC is a ”rat poison.” The American Institutional Investors Stay Away from Crypto JPMorgan Chase & Co. surveyed around 3,000 US investors from more than 1,500 institutions....

Arnold Schwarzenegger – the star of films like “The Terminator” and “Predator” – has said he does not own any cryptocurrencies as he does not understand them. The actor and former California governor has spent a lot of time with Warren Buffett over the years, and this could potentially be why crypto is not on the Austrian’s roster of investment options. Schwarzenegger Doesn’t Invest in Digital Currency Schwarzenegger has made a name for himself over the past few decades...

Charlie Munger – who is the righthand man of Berkshire Hathaway CEO Warren Buffett – hates bitcoin probably even more than his boss does. Charlie Munger Has No Bitcoin Love As the vice chairman of the company, Munger states that bitcoin’s success over the last several years makes him nauseous, and that the currency’s background as a go-to token of illicit behavior should have ultimately given it the boot early in the game. Munger commented in a recent Q&A: Of course,...