He is wrong. Just like he was wrong about Microsoft and Facebook.
Can you please explain why he is wrong
Because even though he is best friend with Bill Gates, he still don't understand Tech investment.
I know Facebook shares go up and down really wildly. But the actual money they make a year is huge.
Exactly. He's said in the past he doesn't invest in anything he doesn't understand which is mostly tech stuff. He sticks with the likes of Coca-cola or International Paper or insurance companies like Geico. Now, all of a sudden, he understands enough about bitcoin to recommend to stay away from it? Yeah right... he should just STFU about it because he has no idea WTF he's talking about regarding BTC. Something different comes along and the financial guru dinosaurs all have a hissy fit.