hp for ($i=0; $i]+>!is", "", $news['Contains'][$i]['Body']); ?>

Word-for-word: What Warren Buffett said about cryptocurrencies Monday

Buffett plays bridge with Gates as part of the company annual meeting weekend in Omaha Nebraska

Gates and Buffett are reportedly great friends and Gates has been a Berkshire Hathaway board member for more than 10 years.

"What I do find monumentally baffling is that two of the world's most successful investors can not see the intrinsic value of some form of cryptocurrency", Nigel Green, CEO of financial consulting firm deVere Group, wrote in a report early Monday. He said choosing the CEO will be "by far the most hard decision we will make".

"We are attacking an industry moat", Buffett said.

Berkshire Hathaway purchased the 75 million shares on the open market, Buffett told Claman.

Buffett: "Well, they probably think that lots of people are going to get excited about cryptocurrencies, or maybe they already are, but they think there's money to be made trading it".

A cryptocurrency conference, Bitcoin Day in Omaha, was coincidently scheduled during the same weekend as the Berkshire Hathaway annual shareholder meeting, but organizers had to cancel after the event's location host cited "conflict" with events on the same day.

Iowa governor signs 'heartbeat' bill banning most abortions
Rick Bertrand echoed a similar refrain, claiming the bill is "100 percent" meant to give conservatives "a run at Roe v. Planned Parenthood , the country's largest abortion provider, is vehemently opposed to the conservative legisalation.

Buffett explained that cyber risk is part of his estimate that every year carries about a 2 percent chance of a super catastrophe that would cause $400 billion or more of insured losses.

Berkshire Vice Chairman Charlie Munger says he's also optimistic that the two countries will find a way to resolve their trade disagreements without creating lasting ill will toward each other.

Billionaire Warren Buffett says stocks remain the best option for investors - not bonds, and especially not bitcoins.

Charlie Munger's response, a deadpan, "No".

Warren Buffett on Saturday said he hoped a chief executive would be found within a couple of months for the healthcare company being set up by Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co.to lower patient costs. Buffett said he still spends most of his time reading about businesses, thinking and fielding the occasional phone call.

Berkshire shareholders can celebrate the fact that most of the companies 90-odd businesses are performing well as the economy continues growing, but the conglomerate's future is always in the back of their minds because Buffett is 87.

Related News:

  • Ken Jeong stops Phoenix show to rescue fan

    Ken Jeong stops Phoenix show to rescue fan

    ET Online reports Jeong is now licensed as a physician and surgeon in California, although he longer practices medicine. He leveraged his medical experience in a short performance in the film " Knocked Up " and in his own sitcom "Dr.
    How To Get WhatsApp Payments Now | Enable WhatsApp Payments

    How To Get WhatsApp Payments Now | Enable WhatsApp Payments

    WhatsApp is always striving to become a complete messaging app, adopting the latest technology into its groundbreaking features. The feature is now be available in Canada, Brazil, the United Kingdom, Germany, France, Italy, Spain and Australia.

    Manafort's lawyer punches big hole in Mueller investigation

    Ellis III said said Mueller should not have "unfettered power" in his Russian Federation probe. "You don't really care about Mr. He asked Dreeben whether the special counsel had already blown through its $10 million budget; Dreeben declined to answer.
  • USA  jobless rate falls to 3.9%

    USA jobless rate falls to 3.9%

    Regardless of the exact number, unemployment has reached amazingly low levels thanks to continuous job growth since October 2010. However, franchise employment dropped 10,600 jobs in April, including a fall of 2,000 jobs in auto parts and dealers, ADP said.
    Tiger Woods: If putts fall, I'm close to winning again

    Tiger Woods: If putts fall, I'm close to winning again

    Woods shot 3-under for the day , but he could have doubled that total, what with the greens playing easier and him putting better. He had two bogeys and three birdies on the front nine on a day when he narrowly missed several other birdie opportunities.
    Confusion Reigns Over Liverpool Assistant Manager's Position At The Club

    Confusion Reigns Over Liverpool Assistant Manager's Position At The Club

    In October, head physio Andy Renshaw was sacked, with a shake-up of the club's medical department expected in the summer. Along with Peter Krawietz , they have formed a close-knit triumvirate who arrived at Liverpool together in late 2015.
  • IPhone X Tops Q1 Smartphones List; Galaxy S9 Didn't Make Top 5

    IPhone X Tops Q1 Smartphones List; Galaxy S9 Didn't Make Top 5

    Top 10 players now capture 76% of the market thereby leaving 600+ brands to compete for the remaining 24% of the market. The iPhone X was the best-selling smartphone model, based on shipments, in the world during the first quarter of 2018.
    Amazon bids for 60% stake in Flipkart, potentially spoiling Walmart deal

    Amazon bids for 60% stake in Flipkart, potentially spoiling Walmart deal

    People in the know said that Flipkart has that kept its options open for the initial public offer (IPO) in the future. According to CNBC TV18 in India , citing sources, Amazon's offer is for 60 per cent of the Indian online store.
    WhatsApp CEO Jan Koum to quit amid reported privacy disputes with Facebook

    WhatsApp CEO Jan Koum to quit amid reported privacy disputes with Facebook

    Koum said he would take some time off to do things he enjoys outside of technology, such as collecting rare air-cooled Porsches. You've probably never heard of him, but his app made it easier for you to communicate with all your friends and relatives.
  • Twitter in password warning

    Twitter in password warning

    As a solution, the developers have "removed the passwords and are implementing plans to prevent this bug from happening again". The bug allowed passwords to be kept in an "internal log" without hashing so they were stored in their readable text format.
    Trump has all but chose to  withdraw from Iran nuclear deal

    Trump has all but chose to withdraw from Iran nuclear deal

    A USA withdrawal from the 2015 Iran nuclear deal could have severe ramifications for political stability in the Middle East. The agreement imposes strict restrictions on Iran's nuclear programme in return for the loosening of economic sanctions.
    The World's Oldest Spider Has Died At 43

    The World's Oldest Spider Has Died At 43

    Per the Curtin University release, Number 16 outlived the previous record holder, a captive tarantula in Mexico, by some 13 years. Main launched a longterm population study of trapdoor spiders in the central wheatbelt region of Western Australia in 1973.


Most liked

Google launches Android Things for home appliances, machines
The design of the iPhone X is such that there is no room left for the home button that has been synonymous with iPhones thus far. The new infotainment system is based on Google's Android OS, and is expected to debut on Volvo's cars within next two years.

Another Giro d'Italia podium finish for Sam Bennett
After the race, Dennis told the BBC: "The team rode for me in the 30km before the intermediate sprint and delivered me perfectly". The riders will leave Israel for Italy on Monday, with the Giro to resume on the island of Sicily on Tuesday.

Erdogan Vows To Maintain Security, Peace And Achieve Goals Of Election Manifesto
Erdogan's main rival in the presidential race is Muharrem Ince of the Republican People's Party. He added that Turkey had never abandoned its goal of European Union membership.

David Warner: 'The support has been humbling and overwhelming'
David Warner spent Sunday morning training young women and girls in power-hitting techniques and T20 cricket at Darwin's cricket oval.

Activision Blizzard, Inc. (ATVI) rose 4.16 percent over the previous month
KeyCorp set a $83.00 price target on Activision Blizzard and gave the company a "buy" rating in a research report on Wednesday. Activision Blizzard recently closed another exceptional quarter, with earnings up 29% over the same period previous year .

Kevin Hart had a scary jet landing at Boston's Logan Airport
Before Game 2 of the Sixers-Celtics series tipped off in Boston, Philadelphia's own Kevin Hart had a close call at the airport. Kevin Hart has emerged unscathed from a "serious plane scare" that took place yesterday, it has been revealed .

Truepoint Inc. Sells 298 Shares of Amazon.com
It is positive, as 69 investors sold AMZN shares while 578 reduced holdings. 84 funds opened positions while 112 raised stakes. The stock of McDonald's Corporation (NYSE:MCD) earned "Hold" rating by Tigress Financial on Wednesday, November 29.

United Kingdom to continue probe despite Cambridge Analytica shutting shop
The company was able to amass the database quickly with the help of an app that appeared to be a personality test. The Cambridge Analytica sign had been removed from the reception area of its London offices on Wednesday.

Boys Scouts Are Set to Welcome Girls Next Year
Boy Scouts said on Wednesday that it would drop "boy" from its name in a bid to attract more girls to its program. UNITED STATES - The name "Boy Scouts" will be no more: the organization announced a huge change this morning.

Mueller raised possibility of presidential subpoena in meeting with Trump's legal team
One asks: "What was the objective of your May 12, 2017, tweet?" Comey wrote in a memo that Trump repeatedly asked him for loyalty. That's the idea that his presidential campaign collaborated with Russians who were trying to help him to the Oval Office.

Facebook blames 'bug' for unusual hate speech prompt
Each post also gives the option to dismiss the question with a tiny "x" box to the right of the answers. Nowhere in the hate speech button portal was there an option to find the definition of hate speech.

S. Korea to remove loudspeakers at border
Kim expressed "his resolution to unify the two times.as the first practical step for national reconciliation and unity ", it said. Mr Pompeo said at Mr Trump's direction, he spoke with Kim about the release of three USA citizens detained by North Korea .

Zuckerberg kicks off Facebook conference, launching dating feature
Instagram is now testing out the video chat feature and will roll it out globally in the coming weeks. This is already what other dating apps that rely on Facebook data do, such as Tinder .

Joel Embiid On Game 1 Loss: "I Thought I Was Shitty"
Going up against a team like the Philadelphia 76ers , Terry Rozier is going to have to keep this up. Rozier noted his offseason preparation and hard work leading to performances like these.

Waffle House shooting victim died singing gospel songs
Groves was very determined and was a perfectionist, her cousin, Juanesha Rodriguez, said. "I'm not a singer". Previously, Waffle House offered to pay for the funerals of all four of the victims killed .