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Warren Buffet is a true value investor. Bitcoin just flipped Berkshire's Mcap, yet he wants to buy all the bitcoin's supply for $25. Maybe he can live another 100 years as a fossil and hope a time machine gets invented by then

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by COINS NEWS 152 Views

Warren Buffet is a true value investor. Bitcoin just flipped Berkshire's Mcap, yet he wants to buy all the bitcoin's supply for $25. Maybe he can live another 100 years as a fossil and hope a time machine gets invented by then

Bitcoin just flipped Berkshire Hathway again in terms of market cap.

Market cap of BTC: $724Bn, Market cap of Berkshire (BRK) - $713 BN

Yet he wants to buy all of Bitcoin's supply for $25. Gotta admire a value investor who sticks to their principles.

If he lives till 2085, there is a small possibility that a time machine gets invented and he can go back to 2009 and snap up a ton of BTC for $25.

Source for Market cap charts: https://companiesmarketcap.com/assets-by-market-cap/

PS: Recently Berkshire bought $50bn worth stocks.. and most of these stocks are of Oil and Gas companies like Chevron and Occidental.

https://www.marketwatch.com/story/warren-buffett-berkshire-quickly-bought-big-stake-in-occidental-petroleum-in-a-casino-market-2022-04-30

https://www.cnbc.com/2022/04/30/warren-buffett-significantly-increases-chevron-bet-now-in-berkshires-top-4-positions.html

Its amusing how no one seems to blame him for these dirty investments, but are quick to point out how crypto and bitcoin is the worst things in the world, despite polluting just a fraction of what Chevron and Occidental do..

submitted by /u/Set1Less
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