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RE: Billionaire Buffett Calls Bitcoin A Bubble Ignoring The Largest Equity and Debt Bubbles In History

in #bitcoin8 years ago

Interesting post! As I understand, Warren typically doesn't invest in industries that don't meet his criteria (cash flow, low price to earnings). I remember it was large news when Warren even decided to invest in Apple a year or two ago. I have a lot of respect for the guy, but based on all the public information about his investing method, I am not surprised he stays away from crytpo. It's almost a good thing because he could buy up a ton of the supply before some of us are able to get in at a good price while continuing averaging in. Steem on!