When did he say this?
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This morning
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I'm not one to question Warren Buffett, but...
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He say crypto. Not Bitcoin? Huge distinction?
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He said “bitcoin and every other cryptocurrency”
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Almost as good: buy puts on all the companies that add blockchain to their products for no good reason.
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Which is entirely in line with the move he's made against the dollar in the early 2000s. The man doesn't play short or volatile games.https://www.ft.com/content/ed6e1304-ff23-11db-aff2-000b5df10621 …
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Diamond's 180° turn earlier this week is far more interesting because, to me, it's a pretty good indicator that big money will soon hit the market and something (not sure what) will happen.
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I wouldn't be surprised if some bank or hedge fund would be willing to sell him OTC puts. Bold talk, but he wouldn't like the price.
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He also missed the entire tech rally before that burst.
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Your good at market timing huh?
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Duh! There has never been a bubble like this that has not popped
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It’s sad, I would love to hear his take if he took the time to research and learn about it, but admittedly not doing so and still saying it’s bad is really disappointing
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