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” Mark Cuban says crypto crash highlights Warren Buffett’s wisdom “ Billionaire crypto investor and owner of the Dallas Mavericks Mark Cuban says the current market downturn reminds him of a well-known adage uttered by Warren Buffett. Cuban sees a parallel between the rise and fall of crypto markets and projects, and the 91-year-old ‘Oracle…
” Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe “ Bill Miller the billionaire founder and Chief Investment Officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) an “insurance policy against financial catastrophe.” Appearing on an episode of the “Richer, Wiser, Happier” podcast on May 24 Miller backed the cryptocurrency…
“World’s 50 richest people have lost half a trillion dollars this year” The 50 wealthiest people in the world have lost more than half a trillion dollars this year due to the tanking stock market, according to the latest figures compiled by Bloomberg Billionaires Index. The top 50 richest, which includes Tesla CEO Elon Musk,…
“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…
“Elon Musk mocks Warren Buffett over anti-crypto stance” Elon Musk mocked Warren Buffett after the legendary investor once again hit out at cryptocurrencies over the weekend, saying he wouldn’t agree to buy “all of the bitcoin in the world” for $25. Posting a video of Buffett speaking at Berkshire Hathaway’s annual shareholder meeting on Saturday,…
” Buffett back bashing Bitcoin, claims it ‘doesn’t produce anything’ “ Billionaire investor Warren Buffett has once again slammed Bitcoin, asserting he “wouldn’t take” all of the BTC in the world for just $25. The 91-year-old, with a net worth of around $124 billion, is an avid crypto skeptic that once called Bitcoin “rat poison…
“Warren Buffett’s Berkshire Hathaway reports $1.58 billion loss” Even an Oracle can have an off quarter. Warren Buffett’s Berkshire Hathaway reported a $1.58 billion loss in the first quarter of 2022, a significant reversal from the nearly $5 billion gain it saw at the same period of 2021. Berkshire, a legendary US company that owns…
“Charlie Rose attempts #MeToo comeback 5 years after CBS firing” Disgraced journalist Charlie Rose has kicked off a comeback attempt nearly five years after being fired by both CBS and PBS amid allegations of sexual misconduct in the wake of the #MeToo movement. Rose, who turned 80 in January, posted a 75-minute interview with 91-year-old…
“HP’s stock hits record after Warren Buffett discloses stake” HP’s stock soared to a record high on Thursday after Warren Buffett’s Berkshire Hathaway revealed it had taken an 11.4% stake valued at about $4.2 billion in the maker of personal computers and printers. Berkshire said on Wednesday night it owned nearly 121 million HP shares, including…
“# Crypto is like ‘venereal disease’ and should be banned: Charlie Munger ” Charlie Munger, the ancient vice chairman of Berkshire Hathaway and Warren Buffet’s right hand man, has no issue with providing his honest thoughts on cryptocurrency: He hates it. Speaking at a shareholder’s Q&A session at the annual meeting for LA-based newspaper company,…