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Board Beginners & Help
Re: Warren Buffet was right?
by
Kemarit
on 29/11/2018, 01:00:33 UTC
"cryptocurrency will end very badly" Maybe the oracle was right all along.  Guess a guy worth 88 billion knows what he is talking about.

Did you know that he regret this decision not to invest on Amazon earlier? because he didn't understand the business model and he doesn't understand techs at that time.

Quote
That's perhaps why Warren Buffett, the chief executive officer of Berkshire Hathaway, chose not to invest in Amazon when he had the chance. At Berkshire Hathaway's annual meeting in May, the self-made billionaire said he didn't appreciate the value of tech stocks at first.

https://www.cnbc.com/2017/11/28/if-you-put-1000-in-amazon-10-years-ago-heres-what-youd-have-now.html

So its not a clear path for WB as he made a lot of mistakes and I see the same will happen to bitcoin in like 10 years from now. The price will grow exponentially and those who have the chance to buy a couple years back will have their biggest regret, including the Oracle of Omaha.