Tag Archives: Warren Buffett

The legendary investor Warren Buffett and his firm Berkshire Hathaway knew about Google way ago. They had direct information early on about how lucrative its business would be but decided to pass on investing in the Internet search giant.Buffett says he’s really regretting that decision now. Google has become one of the very few $1 trillion dollar market cap U.S. companies. You could count them all on one hand.An investment of $500 million in 2013 would have grown in value to nearly $2.5...

It seems Tron Foundation CEO Justin Sun got serious. After he made himself unpopular after all this story with a billionaire Warren Buffett, it seems he found another guy.Apple’s co-founder Steve Wozniak obviously has a belief in Sun because the two guys met over lunch. Wozniak even shared this news with his followers on Twitter.And it’s not surprising at all that Sun has reacted for a tweet about this legendary meeting.It was an honor meeting the legendary Woz, @Apple co-founder! Looking...

Last week on Friday, January 17, Google‘s parent company Alphabet hit the trillion-dollar milestone. Alphabet became the fourth public listed tech company to achieve this feat.Despite staying in controversy with the regulators over the issues of privacy concerns, Alphabet had a good show in 2019 in the stock market. The Alphabet stock surged nearly 50% in a single year thereby pushing the company’s growth.Apple Inc. was the first company to achieve the trillion-dollar milestone in 2018,...

As we’ve mentioned in the past, bitcoin does not – and cannot – appeal to everyone, and now we can add another angry doubter to the growing list of skeptics.Bitcoin Doesn’t Please EveryoneThe latest person to say “no” to bitcoin is Tendayi Kapfidze, a chief economist at Lending Tree. He recently referred to bitcoin in negative terms, calling it a “pyramid scheme” that invokes questionable means of making money for its investors.He stated:It’s a pyramid scheme. You only make money based on...

This year was pretty good for one of the most famous world’s billionaires. However, the whole decade seems to finish even better. Take Warren Buffett for example. He is ending the year with a net worth of approximately $89 billion, up around $42 billion since 2010 and making him the seventh-biggest billionaire gainer of the past 10 years. Let it also be known that the Oracle of Omaha never sold any Berkshire Hathaway, and about 98% of his fortune is made up only of the company’s shares.But,...

Warren Buffett, an American business magnate, is well-known for his successful investments and vast fortune, has started thinking of gifts for his family amid the upcoming holidays. Being an investment guru, Buffet stays true to his strategic principles when it comes to presents. Warren Buffett’s gifts are well-thought-out.As Buffett’s former daughter-in-law Mary has said, the billionaire used to always give $10,000 in hundred-dollar bills to each of his relatives previously. Then, he started...

The Warren Buffett‘s wealth tip directed at young people is now public information. Buffett is currently the fourth wealthiest person in the world, with an estimated net worth of about $85 billion. The investor and philanthropist who is also the chairman and CEO of Berkshire Hathaway is one of the most sought after personalities in the world, as people are always looking to get some knowledge and insight from him. One person, Michael Hood, was able to do just that.Hood is the co-founder of...

An office representing the Fidelity Investments firm (based in the U.S.) has opened its doors to the Europeans. On December 16, the U.K. based entity started giving hedge funds, family offices, and fund managers across the EU a possibility to buy or sell digital assets.In an interview for FNL, Michael O’Reilly, COO at Fidelity Digital Assets, have said that the company won’t even have to pass through additional law procedures:“We’ll make sure that we’re compliant with any UK or any other...

It’s no secret that billionaire Mark Cuban is not a huge fan of bitcoin or cryptocurrencies. Now, however, he appears to be taking his criticism to an even higher level.Mark Cuban Still Isn’t Cool with BTCCuban recently commented that bitcoin could never be “used as a reliable currency.” Among his main points is that bitcoin, at the time of writing, is considered more of a “collectible” that actual money. People collect units of BTC as a means of expanding their wealth. It’s more of a...

One of the most anticipated events within the cryptocurrency community was supposed to take place during the summer when Justin Sun won a charity lunch with Warren Buffet. Days before the event, though, Sun said that he had health issues, and the lunch was indefinitely postponed. New information appeared now, according to which the Chinese administration might be the real reason behind the postponement.China Behind the Lunch Postponement?Back in June, Justin sun, the founder of one of the...