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Warren buffett bitcoin cnbc
He's also a spokesperson for the cryptocurrency trading platform Cobinhood and an investor in their coin, COB. Disclosure: I don't own any Bitcoin. That was a few months back.
"Warren Buffett has been right a lot more than I've been right when it comes to finances, so I don't know if I'm going to bet against him says Kennard. Skip Navigation, the Warren Buffett Archive is the worlds largest collection of Buffett speaking about business, investing, money and life. That was certainly enough to stall the digital currencys recent rally toward the 10,000-mark, and sent it in the opposite direction towards the 9,000-mark.
Buffett said he would not take a short position on bitcoin futures. Read more from cnbc's interview with billionaire investor Warren Buffett: Warren Buffett: 'I feel terrific and moves toward succession are not related to my health. "If I could buy a five-year put on every one of the cryptocurrencies, I'd be glad to do it but I would never short a dime's worth." show chapters, also on the show, Buffett's right-hand man, Charlie Munger, also blasted frothiness in bitcoin and. "I'm going to be honest, I downloaded Coinbase and put a couple hundred dollars in he tells. Luckily, he was prepared for disappointment after hearing what Berkshire Hathaway CEO Warren Buffett had to offer on the topic. View Collection, buffett News. Anyone considering it should be prepared to lose their entire investment. Warren Buffet has in the past"d that you should invest in what you know.