Talk of The Villages Florida - View Single Post - Warren Buffett and Bitcoin
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Old 05-05-2022, 08:32 AM
collie1228 collie1228 is offline
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Buffet has always invested under the mantle of (rough quote) "if you don't understand it, don't invest in it". I've always followed that advice, and have no regrets. I have researched bitcoin and other crypto currencies, and simply do not understand how high speed powerful computers doing calculations to solve complex math problems creates any value. It just doesn't make any sense to me, so I avoid crypto completely. Great products, dividends and strong balance sheets I understand. Call me old fashioned.