Warren Buffett and virtual currency

1. Investors asked Mr. Buffett what he thought of bitcoin, which has been popular recently. In this regard, both Mr. Buffett and Mr. Munger said they knew nothing about this and clearly pointed out that they were not optimistic about this virtual currency. "None of our $49 billion in cash is bitcoin," Mr. Buffett said Munger said, "bitcoin will not become a universal currency. I have no confidence in it. "

2. Take a look at the game control
there should be key settings over there
but one of the chain mining presets I know seems to press v

3.

The answer is yes. < / EM >

① the rise of Warren Buffett

Warren Buffett does not look at the valuation, only looks at the quarterly financial statements, and makes analysis and investment according to the quarterly financial statements. Only if the investment cycle is long enough can quarterly analysis work

Therefore, most of his investments are in instries closely related to our lives, such as banking, medicine, oil and beverage. These are traditional instries that everyone touches every day. These companies can maintain a good upward trend

and digital currency is more difficult to understand than the Internet of things. Digital currency has no concept of cash flow and quarterly financial statements. It can only carry out basic valuation according to the comparison of similar projects, and there is no clear valuation model

based on financial statements, Warren Buffett certainly can't accept such a minimalist financial report, an incomprehensible and imprecise economic model, which may be explained only by a fraud in his eyes. In Buffett's eyes, digital currency has no intrinsic value support

4.

bus line: No.52 → Metro Line 2, the whole journey is about 34.3km

1. Walk about 50m from Chongcun to Chongcun station

2. Take No.52, pass 6 stops, and reach Jingu Road Station

3. Walk about 310m to Jingu Road Station

4. Take Metro Line 2, pass 21 stops, Arrive at Suzhou railway station

5. Walk about 120 meters to Suzhou railway station

5. Because Buffett is the pronoun of steady investment, he does not even invest in Microsoft technology enterprises, he only invests in the visible and useful

6. Buffett has never invested in bitcoin. Thank you. He only invests in stocks. He is the God of stocks and the mythical figure of stocks,

7. Hello, because there are many smuggled computers and mobile phones, the Department of customs is to check the smuggled procts

8.

because Buffett thinks bitcoin belongs to the game of opportunists

for a famous investor like Warren Buffett, he simply despises bitcoin, because he thinks that bitcoin belongs to speculation, not value investment, or even investment

Buffett has been avoiding bitcoin

I remember that many people interviewed Mr. Buffett about his views on bitcoin. Mr. Buffett has always said that he does not recommend us to hype bitcoin, and at the same time, he does not look at bitcoin. Many people will regard Buffett as their idol, because he is outstanding in his investment career. His annualized rate of return has reached 20%, and he has persisted for decades< although bitcoin has increased hundreds of times in recent years, Buffett has never been involved in bitcoin { RRRRR}

If a person really wants to allocate his assets through investment, I think he'd better plan his investment mode reasonably. It doesn't matter if he doesn't make money, but at least he should not lose your principal

9.

The main reasons why Warren Buffett does not invest in bitcoin are as follows:

1

the biggest focus of the general meeting of shareholders of Warren Buffett should be on the topic of bitcoin. Warren Buffett didn't express any opinions. Munger attacked bitcoin. Both the two old people showed their disapproval of bitcoin, which surprised many people. The main reason why Warren Buffett doesn't invest in bitcoin is that he is not familiar with bitcoin, and he will not invest in things that are not familiar with experts of this level; There is no reference for bitcoin. The price is so high that it is beyond his cognitive range. Warren Buffett is a value investor. He basically buys bitcoin when the stock price is low. It is obvious that bitcoin is not undervalued. Warren Buffett can fully understand why he does not invest in bitcoin

Third, Warren Buffett is a value investor. Bitcoin is obviously not undervalued.

Buffett's investment philosophy is very simple. He buys when undervalued and sells when high. Bitcoin's current position is definitely not low, and there is no undervaluation, which is obviously not suitable for Buffett's buying strategy. This is the reason why Buffett did not invest in bitcoin

10. Bus route: No.69 → No.80, the whole journey is about 26.9km
1. Walk about 80m from wolongqiao north station to wolongqiao North Station
2. Take No.69, pass 28 stops and reach wanzhongxingyuan station
3. Walk about 460 meters to Fukang intersection station of Dongfeng Motor Avenue
4. Take No.80, pass 6 stops and reach Lugang company station of free trade zone
5. Walk about 980 meters, Arrive at Suning high tech logistics center