Warren buffet has made billions out of being right - and proving that investing in companies he understood
very well , and companies that has an intrinsic value based business . What is your company selling and how well is your company managing its business was a core fundamental analysis mantra of his .
Buffer has been right , most times and it's likely that he is right about a bubble when it comes to bitcoin , but Buffett is out of touch , and a little biased . My best advice for buffet is :
Image created by me on ; Typorama .
Buffet is a hypocrite here as he says that bitcoin has no inherent value !, neither does a dollar , neither do half the companies of the DOW - we are simply buying stocks based on their present and largely future valued based on a few predictive formulas ! - big deal , predict the value of a stock and its future value , without understanding what blockchain is ? I doubt buffer understands blockchain , and what's true value is , even if he does , he's got his stock investments to protect . It runs into the billions , he won't talk up cryptos as the outflows from stock markets into cryptos , is increasing by the day . I have no idea why the DOW is at 23k plus , when the US economy is in a flatliner phase . iF anything the stockmarket is a sitting time bomb.
