Saturday May 3rd and its time for the annual meeting of Berkshire Hathaway again. The Woodstock of Capitalist.
Bloomberg is sending some videos of people who has been inspired by Warren Buffett and why.
Warren Buffett changed my life
fredag 2 maj 2014
tisdag 18 mars 2014
I read CNBC news and pick up this clear explaination of the digital currency Bitcoin:
In response to a question about the cryptocurrency from Quicken Loans founder Dan Gilbert, Buffett said:
"It's a method of transmitting money. It's a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money? Are money orders? You can transmit money by money orders. People do it. I hope bitcoin becomes a better way of doing it, but you can replicate it a bunch of different ways and it will be. The idea that it has some huge intrinsic value is just a joke in my view."
One prominent investor, venture capitalist Marc Andreessen, took a shot at Buffett for his comments.