Billionaire Warren Buffett says stocks remain the best option for investors not bonds, and especially not bitcoins.
Buffett, 87, and Munger, 94, spoke two days after they presided at Berkshire's annual shareholder meeting in Omaha, Nebraska, which was expected to have drawn more than 40,000 people. According to CCN, he said the system is a "joke", likening that to putting some value to checks just because they are used to transmit money.
"In terms of cryptocurrencies, generally, I can say with nearly certainty that they will come to a bad ending", Buffett explained. Even if he doesn't feel comfortable trading on a cryptocurrency exchange such as BitMEX, he could easily open a short position in bitcoin futures on CBOE, CME, or perhaps even Goldman Sachs' new bitcoin derivatives product. He argued that cryptos are not good investments as they are not sustainable.
Buffett said he would be happy to see the Apple share price fall if it would spur repurchases. And to be fair, bitcoin and other cryptocurrencies had a hard weekend before Gates's comments.
Buffett's "rat poison comment" is akin to Munger's "noxious poison" from earlier in the year.
Gates (value US$91.7 billion) vs. bitcoin (value US$160.8 billion) seems like an unfair tussle, so fortunately fellow mega-rich Apple tech-lover Warren Buffett (value US$84.4 billion) was on hand to side with Bill.
Trump said Tuesday said he was ready to work on a new nuclear accord, one that would also curb Iran's missile programme. Preventing the two countries from having a nuclear-weapon capability and competing in a nuclear arms race is the goal.
To help provide for these changing needs, the Google Maps team have worked to integrate Google Maps with the smartphone camera. The feature was ultimately made so that users can make "better decision on the go and experience the world in new ways".
The comments mark the first criticism from North Korea since Trump announced plans to meet with Kim later this year. The summit will be the first time a sitting USA president will meet with a leader of the North Korean regime.
Google showcased a demo where you could control the lights around your house by talking to the Assistant on your smartwatch. Users will only be able to wake up the screen by pressing the side button and a long press will switch back to normal mode.
Mourinho will be determined that his side does not suffer another defeat, following last weekend's with the Seagulls and will be telling his players to do all they can to ensure they get the three points on the night.
Carmel High and Rancho Bernardo High. "The data shows that when high schools utilize these courses student achievement follows. The annual rankings, released Wednesday, are primarily based on test scores, graduation rates and student demographics.
Asked about Amazon's absence, Deputy Transportation Secretary Jeff Rosen cited a rigorous process and said there were "no losers". Flirtey pioneered the first FAA-approved fully autonomous drone delivery in an urban environment on March 25, 2015 in Hawthorne.
Mitchell also developed an ability to take over games offensively late in the season, giving the Jazz a boost at critical times. The buildup for this series truly began in February, with some pointed comments from Golden State's Draymond Green .
Though rumors are likely widespread, North Korea's media still have not explicitly confirmed the expected summit with Trump . Chinese internet users posting on social media described heavy security in the city and extensive flight delays on Monday.
The minimum amount of solar power required by the new standards wouldn't be enough to meet all the needs of most homes. About 117,000 new single-family homes and 48,000 multi-family units will be built in 2020, the commission estimates .
Higgins was beaten, but he had played his part in one of the greatest Crucible finals. "12 months ago I wasn't even here. Williams is the oldest world champion since his fellow countryman Reardon won in 1978 at the age of 45.
Users must then access the General tab in the settings menu, and scroll down and enable " experimental access ". From there, you should see Smart Compose auto-populate your messages in the not-too-distant future.
Naspers sells out to Walmart
In China, Walmart has acquired a 12% stake in e-commerce player JD.com, and in Japan, it teamed up this year with Tokyo's Rakuten. Last year, according to figures released by Forrester, the online retail market in the country grossed up US$21 billion.
Leicester eager to spoil Wenger's farewell, says Morgan
They had a hold on the opening 12 minutes, but Leicester's first interval of the threat made a dual sweep that showed terminal. They look to have solid credentials here at 4/5 to beat West Brom, given the Eagles have scored 12 in their last five games.
Ireland set for Test debut
Fans who have supported the Irish team in the shorter formats of the game will turn out in force to watch this historic occasion. He debuted in the third ODI in Abu Dhabi and anchored a successful run-chase, cracking his maiden global ton while at it.
LaLiga: Why Sevilla beat Real Madrid - Zidane
One player who did feature was captain Sergio Ramos - although by the end, he probably wished that he had been rested too. Madrid next final two La Liga games is against Celta Vigo and Villarreal.
Miranda Kerr welcomes baby boy with husband Evan Spiegel
News that both Ms Kerr and Mr Spiegel had tears in their eyes and the vows "were lovely ", the source furthermore explains. Last December, Kerr revealed that she was experiencing more complications with her second pregnancy than with her first.
Impressive AI-powered features arriving to Google Assistant
Tell your device "I'm Home" and it'll turn on the lights, set the temperature, turn on your TV, or even start a music playlist. This includes things like connected blinds, kettles, ovens, refrigerators, fans, air purifiers, coffee makers, and sprinklers.
Revolution sweeps Armenia opposition leader into power
He later called off the demonstrations after the ruling party assured him of its support in his bid for prime minister. Armenia is a country of about three million people nestled in mountains between Iran, Turkey, Georgia and Azerbaijan.
Cavs G Hood apologizes for refusing to enter Game 4
The Cavs swept the Raptors and await either the Boston Celtics or Philadelphia 76ers in the Eastern Conference finals. He's yet to connect from deep since Game 2 against the Indiana Pacers , missing his last 10 long-distance attempts.
Markets trade higher in morning session
ICICI Bank was the star performer in today's session, topping the gainers' list by surging almost over 8 per cent. The Sensex touched a high of 35,388.87 points and a low of 35,136.01 during the intra-day trade.