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Readers may recall that Justin Sun won a prized lunch date with investing legend Warren Buffett earlier this year, bidding a record $ 4.57 million at a charity auction. $ TRX down 8% in minutes after Justin Sun cancels his Warren Buffet lunch. Only in crypto. https://t.co/6WykY2LO6H — Alex Krüger (@krugermacro) July 22, 2019 Warren Buffett’s Tron […]
The post Justin Sun Suffers Health Setback, Reschedules Lunch with Warren Buffett appeared first on CCN Markets
The highly anticipated crypto power lunch between Warren Buffett and Justin Sun is growing and will now include two new members who promise to enrich the conversation between the two businessmen. eToro CEO Yoni Assia is one of them. Assia has been straightforward and actually pushed for an invitation instead of waiting for it. Would […]
The post eToro CEO, Binance Exec Join Justin Sun's $ 4.5 Million Buffett Lunch appeared first on CCN Markets
In mid-May, Warren Buffett made big news with a major splash into the Amazon equities pool. On May 15th Berkshire Hathaway added Amazon stock to its books for the first time. Berkshire executed a mammoth $ 904 million acquisition of the retail giant’s shares. That investment has performed well over the last two months. But not […]
The post Warren Buffett Lost $ 209 Million By Investing in Amazon Instead of Bitcoin appeared first on CCN Markets
The highly-anticipated Crypto Power Lunch between billionaire bitcoin skeptic Warren Buffett and Tron CEO Justin Sun has expanded to include Circle CEO Jeremy Allaire. Sun invited Allaire to his July 25 lunch on Twitter, and Allaire cheerfully accepted. “Hi Justin, I would be honored to join you and Warren Buffett next week to discuss crypto!! […]
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Given the already high-profile nature of Justin Sun’s upcoming lunch with billionaire Warren Buffett, you might think he would play his cards close to the vest. Not Sun, who is milking the auction prize for all it’s worth. He announced on social media that he’s selected San Francisco’s Quince, a “three-Michelin starred restaurant in…historic Jackson […]
The post Tron's Justin Sun Prepares Media Extravaganza for Warren Buffett Lunch appeared first on CCN Markets
One of the world’s most successful investors, Warren Buffett of Berkshire Hathaway, sent baseball legend Alex Rodriguez a gift via the media. Warren Buffett lauded Alex Rodriguez’s business sense. That could mean great things for A-Rod. Hello London! So happy to be here. Can’t wait for @RedSox vs @Yankees at London Stadium Saturday on @MLBONFOX & […]
The post Alex Rodriguez's Investment Acumen Impresses Warren Buffett appeared first on CCN Markets
By CCN Markets: Tron CEO Justin Sun has set July 25 as the date for his $ 4.6 million lunch with billionaire investor Warren Buffett. And it’s going to take place in Silicon Valley instead of Manhattan, as originally scheduled. Justin Sun’s Bid Was Record-Setting Sun made the announcement on Twitter, where he revealed that he chose San Francisco to shine a spotlight on the city’s homelessness crisis. The $ 4.6 million that Sun shelled out was the highest ever paid for the annual charity lunch. “The 20th annual eBay Power Of One Lunch with Warren Buffett will take place July 25
TRON Foundation CEO Justin Sun finally shared the highly-anticipated announcement that he has been hyping for the last week on Monday, revealing an expensive lunch date with crypto-hater and Berkshire Hathaway CEO Warren Buffett. While we foolishly speculated that Sun was planning to announce some collaboration or integration with Apple, the ‘big’ news, as it turns […]
SludgeFeed
Billionaire investor and philanthropist Warren Buffett again shared some choice words about Bitcoin (BTC) and digital currencies on Monday. During an interview with CNBC’s Becky Quick, Buffett doubled down on his anti-crypto position, saying “Bitcoin has no unique value at all. It doesn’t produce anything. You can stare at it all day and no little […]
SludgeFeed
Was the anonymous trader who “caused a stir” in the U.S. equity options market on Monday with a massive bet–– Doing a Buffett?” Saqib Iqbal Ahmed asks at Reuters Business News, pointing out: ‘The trader sold 19,000 put options on the S&P 500 Index. SPX obligating him or her to buy the market benchmark at
The post Anonymous Trader That Can Gain $ 175 Million From S&P 500 Bet Was Not “Doing a Buffett” appeared first on CCN
Cryptocurrency asset manager Morgan Creek Digital is betting $ 1 million that its crypto fund will outperform the S&P 500, calling the challenge Buffett Bet 2.0 to mimic the billionaire investor’s famous bet. The wager is expected to be taken by “someone who is bullish on the S&P 500, or someone who thinks cryptocurrencies are worthless or overvalued.”
Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
Morgan Creek Digital is recreating Warren Buffett’s famous $ 1 million wager. However, “unlike the famous value-investor, Morgan Creek is betting against the S&P and placing its faith in the 10-year performance of cryptocurrencies,” Cnbc reported on Thursday.
The opinions of billionaire Bitcoin naysayers Warren Buffett and Charlie Munger will be obsolete in 20 years as both will be “a pile of dust” and Bitcoin will endure.
That was the conclusion drawn by research this week about the huge differences between the older and younger generation when it comes to the cryptocurrency.
Using data from Fundstrat Global Advisors and Bankrate, Captain Altcoin and Accept.io’s Admir Tulic notes that Buffett and Munger broadly characterize an aging baby boomer generation struggling to keep up with advances in technology.
Yesterday, May 16, 2018, well-known venture capitalists Fred Wilson and Balaji Srinivasan, the latter of which is now the CTO at Coinbase, had a chat with Wall Street Journal reporter Paul Vigna on the mainstage of Consensus 2018. During the discussion, Srinivasan and Wilson were asked for their opinions on recent comments made by Warren Buffett, Nouriel Roubini and other notable bitcoin skeptics who have been quoted in the media recently.
Warren Buffett has once again delivered a bearish and quote-worthy statement in regards to Bitcoin and other cryptocurrencies, calling Bitcoin “rat poison squared” – but is he still missing the point?
In case you didn’t already know, investing legend Warren Buffett doesn’t like Bitcoin.
According to CNBC‘s Becky Quick, The Oracle of Omaha once again expressed his negative views on the dominant cryptocurrency by market capitalization, stating that Bitcoin is “probably rat poison squared” while presiding at the Berkshire Hathaway 2018 annual shareholder meeting.
.@WarrenBuffett on bitcoin just now: “it’s probably rat poison squared.” #brk2018
Today’s edition of Bitcoin in Brief focuses on a clash between the old guard of the global economy, fearing new innovations they can’t understand, and the young entrepreneurs using them to change the world. We will also show how sometimes well-meaning regulations can backfire and hurt the lawmakers’ own goals.
Also Read: Robinhood App Expands Cryptocurrency Trading to Two More US States
Binance CEO Zhao Changpeng has said Warren Buffett “does not understand cryptocurrency” and that he is making “a big mistake.”
In brief comments to Bloomberg TV, the Hong Kong exchange chief countered Buffett’s warnings about cryptocurrency this week, in which he forecast all would “come to a bad ending.”
“I think he knows stock investment and equity investment very well, but I do not think he understands cryptocurrency at all,” Zhao said.
It is what it is; I still respect […] the other parts of his expertise, but I think on cryptocurrency he’s making a big mistake.
