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Buffett said he was confident that Berkshire Hathaway’s board would “unanimously” approve his successor as CEO of the investment company. Warren Buffett, the CEO of publicly traded investment company Berkshire Hathaway, announced at the company’s annual shareholder meeting that he will step down by the end of 2025, and his chosen successor will take over…
Legendary investor Charlie Munger may have once called Bitcoin “rat poison squared” — but that doesn’t mean crypto traders should ignore his years of investing wisdom. Legendary investor and billionaire Charlie Munger, known as the right-hand man of Warren Buffet who helped build investment powerhouse Berkshire Hathaway, has passed away at 99 years of age….
” Crypto market cap reclaims $1T, and derivatives point to further upside “ The total crypto market capitalization increased by 26% in seven days, reaching $1.16 trillion on March 17. Bitcoin (BTC) was the biggest winner among the top 20 coins, up 31.5%, though some altcoins gained 50% or more during the period. Total crypto…
” Bitcoin is beating Warren Buffett’s ‘crypto bet’ in 2023 “ In 2023, Bitcoin (BTC) and Cathie Wood’s Coinbase (COIN) investment are finally outperforming Warren Buffett’s popular “crypto bet” in Brazil’s fintech giant Nubank (NU). Bitcoin vs. crypto-exposure stocks NU, COIN As of March 17, Bitcoin’s price is up nearly 55% year-to-date (YTD). In comparison, Nubank has…
” Crypto needs ‘adult supervision’ and turmoil to ‘grow up’ — Microstrategy co-founder “ High-profile crypto bankruptcies and a hearty price crash are necessary evils to help the industry grow, while greater regulation is a must, according to Microstrategy co-founder Michael Saylor. In a Feb. 3 interview on CNBC’s Squawk on the Street, Saylor opined…
” Community mocks Charlie Munger for his obsession with China’s Bitcoin ban “ The cryptocurrency community has ridiculed well-known Bitcoin (BTC) critic Charlie Munger, vice chairman of Berkshire Hathaway, for calling the United States to follow in the footsteps of China and ban crypto. In an op-ed article in The Wall Street Journal, the 99-year-old investment…
“Charle Munger blasts crypto after FTX meltdown: ‘Good for kidnappers’” Billionaire and noted bitcoin critic Charlie Munger took a victory lap Tuesday after FTX’s recent meltdown – blasting cryptocurrencies as a “demented” enterprise rife with “fraud” and delusion.” When asked about FTX’s collapse into bankruptcy, the 98-year-old Berkshire Hathaway vice chairman referred to digital currencies…
” Is MATIC price about to double? Polygon’s Reddit hype pushes exchange balance to 9-month lows “ A sharp rebound in the Polygon (MATIC) market in the last four months has increased its price by 200% when measured from its June 2022 bottom of $0.31. And now, the token is showing signs of undergoing another…
” Crypto Biz: Step aside, Warren Buffett; stablecoin issuers hold more US debt than Berkshire Hathaway “ Warren Buffett raised eyebrows this week when his firm, Berkshire Hathaway, upped its exposure to United States Treasury bills. If you’re one of the few remaining bulls out there, Buffett’s flight to safety is concerning because it signals…
“Inflation is ‘swindling’ investors, cash hoarders” Billionaire Warren Buffett said rampant inflation is squeezing Americans everywhere — regardless of whether they’re taking steps to avoid it. “Inflation swindles the bond investor… it swindles the person who keeps their cash under their mattress, it swindles almost everybody,” the legendary investor said at Berkshire Hathaway’s annual meeting…