See More CryptosHome

BRK

Show Trading View Graph

Mentions (24Hr)

0

0.00% Today

Reddit Posts

r/CryptoCurrencySee Post

Thought Experiment: Bitcoin VS Berkshire Hathaway.

r/CryptoCurrencySee Post

Action → reaction

r/CryptoCurrencySee Post

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

Mentions

r/BitcoinSee Comment

Why not put out a counter press release saying to short BRK.A because they'll both be "retired" soon?

Mentions:#BRK
r/CryptoCurrencySee Comment

I mean, my BRK.Bs have been outperforming my crypto.

Mentions:#BRK
r/CryptoMarketsSee Comment

That does not change anything? It’s till a better performer than btc if you don’t cherry-pick your timeframe! It’s also a less volatile and more consistent performer actually backed by value. And after warren and Charlie pass, Ted and Todd will keep BRK running.

Mentions:#BRK
r/CryptoCurrencySee Comment

It is not an investment Billionaire Charlie Munger calls crypto combination of fraud and delusion Nov. 15, 2022 9:58 AM ETBerkshire Hathaway Inc. (BRK.B), BRK.ABTC-USDBy: Joshua Fineman, SA News Editor67 Comments Berkshire Hathaway Company Holds 2003 Annual Shareholders Meeting Eric Francis 98-year old billionaire Charlie Munger, a long time critic of crypto, called digital currencies a combination of delusion and fraud in the wake of the blowup of exchange FTX. “You are seeing a lot of delusion," Munger, vice chairman of Berkshire Hathaway (NYSE:BRK.B), said in a CNBC interview. "Partly fraud and partly delusion. That’s a bad combination." Bahamas-headquartered FTX filed for Chapter 11 bankruptcy on November 11 after traders rushed to withdraw billions of dollars from the platform in the wake of its multi-billion dollar shortfall. “This is a very, very bad thing," Munger said. "The country did not need a currency that was good for kidnappers. There are people who think they’ve got to be on every deal that’s hot. I think that’s totally crazy. They don’t care whether it’s child prostitution or bitcoin.” The once multibillion dollar exchange is under investigation by the U.S. Securities and Exchange Commission, Commodity Futures Trading Commission, and the Justice Department. “Good ideas, carried to wretched excess, become bad ideas,” Munger told CNBC. “Nobody’s gonna say I got some s*** that I want to sell you. They say – it’s blockchain!” Earlier, Cathie Wood purchased shares of the tumbling Grayscale Bitcoin Trust. Also see last December Munger bashed crypto and from Monday Buffett's Berkshire Hathaway takes new stakes in TSM, LPX and Jefferies.

r/CryptoCurrencySee Comment

Billionaire Charlie Munger calls crypto combination of fraud and delusion Nov. 15, 2022 9:58 AM ETBerkshire Hathaway Inc. (BRK.B), BRK.ABTC-USDBy: Joshua Fineman, SA News Editor67 Comments Berkshire Hathaway Company Holds 2003 Annual Shareholders Meeting Eric Francis 98-year old billionaire Charlie Munger, a long time critic of crypto, called digital currencies a combination of delusion and fraud in the wake of the blowup of exchange FTX. “You are seeing a lot of delusion," Munger, vice chairman of Berkshire Hathaway (NYSE:BRK.B), said in a CNBC interview. "Partly fraud and partly delusion. That’s a bad combination." Bahamas-headquartered FTX filed for Chapter 11 bankruptcy on November 11 after traders rushed to withdraw billions of dollars from the platform in the wake of its multi-billion dollar shortfall. “This is a very, very bad thing," Munger said. "The country did not need a currency that was good for kidnappers. There are people who think they’ve got to be on every deal that’s hot. I think that’s totally crazy. They don’t care whether it’s child prostitution or bitcoin.” The once multibillion dollar exchange is under investigation by the U.S. Securities and Exchange Commission, Commodity Futures Trading Commission, and the Justice Department. “Good ideas, carried to wretched excess, become bad ideas,” Munger told CNBC. “Nobody’s gonna say I got some s*** that I want to sell you. They say – it’s blockchain!” Earlier, Cathie Wood purchased shares of the tumbling Grayscale Bitcoin Trust. Also see last December Munger bashed crypto and from Monday Buffett's Berkshire Hathaway takes new stakes in TSM, LPX and Jefferies.

r/BitcoinSee Comment

Buffett (BRK) has some $150 bln in cash, but he keeps it in government bonds not bank accounts (although he partly owns some banks).

Mentions:#BRK
r/CryptoCurrencySee Comment

I own dozens of stock across several portfolios along with dozens of crypto across several wallets. It is a matter of %. BTC, ETH, and LRC are my highest percentages. Same with BRK.B, AAPL, and MSFT. I still own a bit of SHIB and NIO in case those take off.

r/CryptoCurrencySee Comment

Just like when Tesla was reporting they needed to mark their losses in Bitcoin investment which they held more than a billion in November and not sure what they held in Ethereum ect. Even though they are not selling they still have to show a loss or mark to market. Also BRK just had a 48 billion loss on their last report, but they mostly held onto everything. It's how it's reported

Mentions:#BRK
r/CryptoCurrencySee Comment

No I mean compare the value of one share of BRK.A to the intrinsic value of 129 Benjamin.

Mentions:#BRK
r/CryptoCurrencySee Comment

Sell BRK.A in my IRA. Transfer cash funds to bank account. I would have to pay income taxes and fees since I’m not old enough to take out penalty free but it’s that simple.

Mentions:#BRK
r/CryptoCurrencySee Comment

Ok now do BRK.A to fiat

Mentions:#BRK
r/CryptoCurrencySee Comment

Your math seems to ignore the existence of BRK.B.

Mentions:#BRK
r/CryptoCurrencySee Comment

One question was why does BTC price have to go up. It doesn’t. But if the network continues to persist and grow, if people and businesses continue to use the network and currency, if people continue to see it as a store of value, then it’s value will grow. People often say the blockchain will outlive them. If that’s true I would argue that Bitcoin will outlast BRK. It wasn’t so long ago that states like CO and UT were looking into accepting Bitcoin for taxes. There should be some additional reports from the US gov agencies later this year regarding regulations, use, etc. which could shed some light on how the government will handle Bitcoin moving forward. Why is Bitcoin worth $20k? Because that is what the market has determined the currency value is based on supply and demand. A similar question could be why is the Euro worth $1 vs $0.5? The fiat system uses floating rates that take into account the fundamental systems and macroeconomic factors affecting the perceived value of each currency. Bitcoin is unique in that it is a currency without a nation, whose use is solely based on the network of servers hosting the software. The value that people place on that systems’ resilience is a major factor in its demand, imo. Unfortunately if you are looking for “Bitcoin is worth $20k because it produces $X in revenue and has an expected growth rate of Y%” you will be unsatisfied. Bitcoin is not a business, it is a currency and a financial system that is not reliant on current financial entities for operation - the value in fiat may fluctuate due to the fiat system of floating valuation, but the underlying mechanism for transactions via Bitcoin are unaffected.

Mentions:#BTC#BRK
r/CryptoCurrencySee Comment

The total supply of BRK.A is also fixed. And it’s value is also driven by supply and demand. That doesn’t change the fact that if we break both the Berkshire and the BTC into 21M units each the Berkshire is worth $12k and the BTC $20k per unit That doesn’t seems like too much money for a block of protocol that generates nothing?? I’m personally convinced the US government is never going to accept Bitcoin for taxes. Ever. Anyone who thinks otherwise is deluded.

Mentions:#BRK#BTC
r/CryptoCurrencySee Comment

Bitcoin is not a stock, it is a medium of exchange. It’s total supply being fixed limits supply and therefore it’s value is driven by use and demand. Everyone who buys Bitcoin is betting the advantages it has as a currency lead to its broader use and that fiat continues to increase supply/depreciate. They also bet that it’s decentralized network is robust and salable with time. Alternatively as a stock, investors in BRK are betting on the investment portfolio chosen by BRK continues to do well (aka the company picks good companies to invest in).

Mentions:#BRK
r/CryptoCurrencySee Comment

>My question is: How can one justify paying $20,400 for one Bitcoin when it is clearly overvalued?? The BRK.A stock will obviously go up if revenue from the company continues to go up(revenues down/stock down). I just don’t see the logic in investing based solely on speculation. What makes you think BTC HAS to go up?? True answer? We cant. There currently is not a single blockchain that doesnt bleed revenue (not even Bitcoin, and not even Ethereum). None of the existing blockchains are profitable or sustainable because they will either run out of distributable tokens, or inflate their own supply by having no cap. There is one chain that will be profitable and it will be Ethereum after the merge. Bankless said it best: > Here’s the truth: no blockchain is profitable today. Every single major blockchain network is currently paying out more in issuance than its earning in transaction fees. All of them are operating unsustainable businesses. If you’re interested, read more here https://newsletter.banklesshq.com/p/the-first-profitable-blockchain

Mentions:#BRK#BTC
r/CryptoCurrencySee Comment

This. I plan to monthly DCA into SCHD. Looking to weekly DCA into my long-terms. Possibly BRK.B, but I was looking at AAPL too.

Mentions:#BRK#AAPL
r/CryptoCurrencySee Comment

GOOG/AAPL/TSLA/SCHD/NVDA/BRK.B/ABNB/OXY My current long-terms, ABNB might be scratched off the list though.

r/CryptoCurrencySee Comment

You're absolutely right on all that, but if Q2 GDP is negative, that will confirm a recession, and it is extremely rare for the equities market to run in that case. In fact, historically it means the market goes lower and the bear market lasts longer. I agree with you that a lot of stuff is improving, but I also think there are a lot of headwinds that will continue causing problems for equities and crypto for a little while longer. I don't think this will be a horrible recession nor do I think it will last very long, and the market moves ahead of the economy. If history is any indication at all, equities will recover and go back into a bull run long before the economy recovers. I don't think we'll see crypto rally until around the next bitcoin halving in 2024. I wouldn't be that shocked to see a crypto bull run next year, although realistically I think it will be later, but no one can predict this stuff. And as I've said before, no one can time the bottom and these bear markets are really the best time to invest. This could be the macro bottom for crypto and equities, but I just don't think so. That is why I'm personally waiting a little longer to go long on anything and just practicing playing options in the mean time. Maybe this means I'll be late and will end up buying a higher price, but I think I can wait a little bit longer and get a better price on everything. That's just my personal decision, and I could be wrong. Like I've said too, DCAing and accumulating both in crypto and the equities market is not a bad idea at all right now, although I do think it's a good idea to limit your exposure right now given everything. Buffett just bought $1.5 billion of stocks after sitting on that cash for years, so clearly he is satisfied with the current discount the market is offering. BRK is about 40% oil though, which I think tells you what he's thinking. I agree with you that we're closer to recovery than not, but I also think that we aren't going to see a real, sustained crypto bull run in the next six months or anything. No one knows anything for sure though, and certainly not with such a nascent, speculative asset class as crypto. I fully agree with you that some things are improving and that a lot of the damage to both equities and crypto have already been done. You could probably buy lump sums of blue chip stocks and crypto right now, shut off your apps for several years, and your portfolios would be looking great when you checked in on them at that point. I just personally think there's still some more pain ahead for equities and crypto, and I don't see the need to rush in right now. I think any rally into the end of summer in either market won't sustain, but maybe I'm wrong. I don't think anyone buying good stocks or crypto right now are idiots. I just think it's better to take a wait and see attitude currently, but we all have different strategies, different risk tolerances, different budget situations, etc. Maybe this is the macro bottom for everything. I personally would rather see more stability even if that means I don't buy the absolute bottom, but other people would rather take the risk of buying now even though things could go lower, which I think is a fine investment strategy too. No one knows anything for sure, but I'm content to wait things out a little longer, even though I do think both stocks and a lot of crypto are already discounted, especially if you've got a time horizon of multiple years. I am definitely keeping my eye on everything because I do think a sustained recovery is coming pretty soon. I just don't think we're there quite yet.

Mentions:#BRK
r/CryptoCurrencySee Comment

im just playing around, Im no trader or expert on investing or crypto so Im just yelling from sidelines. In regards the stocks that you mentioned yes they did well, but there are not many companies in the world that keep going up. Imagine if you bought Facebook stock in late 2019.. Or you saw the dominance of Nokia in early 2000s…Its all about timing and picking the winner. check how much youd have now if you bought BRK.A in 1990, but who knew that back then? My uneducated guess about crypto is that its ahead of its time, there will be a place for it in economy but not as it is now.

Mentions:#BRK
r/CryptoCurrencySee Comment

Because the items themselves are luxury items. Is there such a thing as a luxury investment? I know BRK.A is pricy for a reason but it's not because it's a conversation starter.

Mentions:#BRK
r/BitcoinSee Comment

TLDR: BRK invested in a bank whose parent company just allocated 1% of its cash reserve into Bitcoin, making Mr. Buffett the indirect owner of Bitcoin.

Mentions:#BRK
r/CryptoCurrencySee Comment

Requires more research and reading to see that Warren Buffett knows nothing about Nu, other than the fact that Nu Holdings Ltd. is included in Berkshire Hathaway's 13-F: [https://www.sec.gov/Archives/edgar/data/1067983/000095012322002973/xslForm13F\_X01/0000950123-22-002973-9815.xml](https://www.sec.gov/Archives/edgar/data/1067983/000095012322002973/xslForm13F_X01/0000950123-22-002973-9815.xml) Todd Combs manages a small portion of BRK's portfolio, independently, and his trades do not require Warren's approval or review. (He also initiated small positions in Stone Co. and Snowflake.) Todd must feel that Nu, Stone Co. and Snowflake have favorable odds to become dominant within the next ten years or so. Crypto forms a tiny portion of what Nu provides for their customer base and will grow/shrink only to the degree that their customers (in Latin America) make use of it. As a matter of fact, the word "crypto" only appears twice in Nu's prospectus (both times in the section describing risks): [https://www.sec.gov/Archives/edgar/data/0001691493/000119312521347503/d213207df1a.htm#rom213207\_5](https://www.sec.gov/Archives/edgar/data/0001691493/000119312521347503/d213207df1a.htm#rom213207_5) Warren had dinner with Justin Sun and other crypto CEOs in January 2020: [https://cryptobriefing.com/warren-buffet-bitcoin-blockchain-tesla-lunch-justin-sun/](https://cryptobriefing.com/warren-buffet-bitcoin-blockchain-tesla-lunch-justin-sun/) [https://markets.businessinsider.com/currencies/news/tron-ceo-justin-sun-had-5-million-lunch-warren-buffett-2020-2-1028882022?op=1](https://markets.businessinsider.com/currencies/news/tron-ceo-justin-sun-had-5-million-lunch-warren-buffett-2020-2-1028882022?op=1) Justin gave Warren a phone with one bitcoin and other tokens, but Warren gave the phone to charity: [https://thebitcoinnews.com/just-in-warren-buffett-gave-away-his-bitcoin-from-justin-sun/](https://thebitcoinnews.com/just-in-warren-buffett-gave-away-his-bitcoin-from-justin-sun/) Understand that when Warren or Charlie Munger speaks out against bitcoin, their target audience is shareholders of BRK.A and/or BRK.B (folks like me). They don't do it to troll crypto advocates. Both Warren and Charlie feel that blockchain ledgers have promising future applications. It's the current coins and tokens (promoted as currency) that they both have a problem with.

Mentions:#BRK
r/CryptoCurrencySee Comment

Requires more research and reading to see that Warren Buffett knows nothing about Nu, other than the fact that Nu Holdings Ltd. is included in Berkshire Hathaway's 13-F: [https://www.sec.gov/Archives/edgar/data/1067983/000095012322002973/xslForm13F\_X01/0000950123-22-002973-9815.xml](https://www.sec.gov/Archives/edgar/data/1067983/000095012322002973/xslForm13F_X01/0000950123-22-002973-9815.xml) Todd Combs manages a small portion of BRK's portfolio, independently, and his trades do not require Warren's approval or review. (He also initiated small positions in Stone Co. and Snowflake.) Todd must feel that Nu, Stone Co. and Snowflake have favorable odds to become dominant within the next ten years or so. Crypto forms a tiny portion of what Nu provides for their customer base and will grow/shrink only to the degree that their customers (in Latin America) make use of it. As a matter of fact, the word "crypto" only appears twice in Nu's prospectus (both times in the section describing risks): [https://www.sec.gov/Archives/edgar/data/0001691493/000119312521347503/d213207df1a.htm#rom213207\_5](https://www.sec.gov/Archives/edgar/data/0001691493/000119312521347503/d213207df1a.htm#rom213207_5) Warren had dinner with Justin Sun and other crypto CEOs in January 2020: [https://cryptobriefing.com/warren-buffet-bitcoin-blockchain-tesla-lunch-justin-sun/](https://cryptobriefing.com/warren-buffet-bitcoin-blockchain-tesla-lunch-justin-sun/) [https://markets.businessinsider.com/currencies/news/tron-ceo-justin-sun-had-5-million-lunch-warren-buffett-2020-2-1028882022?op=1](https://markets.businessinsider.com/currencies/news/tron-ceo-justin-sun-had-5-million-lunch-warren-buffett-2020-2-1028882022?op=1) Justin gave Warren a phone with one bitcoin and other tokens, but Warren gave the phone to charity: [https://thebitcoinnews.com/just-in-warren-buffett-gave-away-his-bitcoin-from-justin-sun/](https://thebitcoinnews.com/just-in-warren-buffett-gave-away-his-bitcoin-from-justin-sun/) Understand that when Warren or Charlie Munger speaks out against bitcoin, their target audience is shareholders of BRK.A and/or BRK.B (folks like me). They don't do it to troll crypto advocates. Both Warren and Charlie feel that blockchain ledgers have promising future applications. It's the current coins and tokens (promoted as currency) that they both have a problem with.

Mentions:#BRK
r/CryptoCurrencySee Comment

From my reply in r/CryptoHorde : Requires more research and reading to see that Warren Buffett knows nothing about Nu, other than the fact that Nu Holdings Ltd. is included in Berkshire Hathaway's 13-F: [https://www.sec.gov/Archives/edgar/data/1067983/000095012322002973/xslForm13F\_X01/0000950123-22-002973-9815.xml](https://www.sec.gov/Archives/edgar/data/1067983/000095012322002973/xslForm13F_X01/0000950123-22-002973-9815.xml) Todd Combs manages a small portion of BRK's portfolio, independently, and his trades do not require Warren's approval or review. (He also initiated small positions in Stone Co. and Snowflake.) Todd must feel that Nu, Stone Co. and Snowflake have favorable odds to become dominant within the next ten years or so. Crypto forms a tiny portion of what Nu provides for their customer base and will grow/shrink only to the degree that their customers (in Latin America) make use of it. As a matter of fact, the word "crypto" only appears twice in Nu's prospectus (both times in the section describing risks): [https://www.sec.gov/Archives/edgar/data/0001691493/000119312521347503/d213207df1a.htm#rom213207\_5](https://www.sec.gov/Archives/edgar/data/0001691493/000119312521347503/d213207df1a.htm#rom213207_5) Warren had dinner with Justin Sun and other crypto CEOs in January 2020: [https://cryptobriefing.com/warren-buffet-bitcoin-blockchain-tesla-lunch-justin-sun/](https://cryptobriefing.com/warren-buffet-bitcoin-blockchain-tesla-lunch-justin-sun/) [https://markets.businessinsider.com/currencies/news/tron-ceo-justin-sun-had-5-million-lunch-warren-buffett-2020-2-1028882022?op=1](https://markets.businessinsider.com/currencies/news/tron-ceo-justin-sun-had-5-million-lunch-warren-buffett-2020-2-1028882022?op=1) Justin gave Warren a phone with one bitcoin and other tokens, but Warren gave the phone to charity: [https://thebitcoinnews.com/just-in-warren-buffett-gave-away-his-bitcoin-from-justin-sun/](https://thebitcoinnews.com/just-in-warren-buffett-gave-away-his-bitcoin-from-justin-sun/) Understand that when Warren or Charlie Munger speaks out against bitcoin, their target audience is shareholders of BRK.A and/or BRK.B (folks like me). They don't do it to troll crypto advocates. Both Warren and Charlie feel that blockchain ledgers have promising future applications. It's the current coins and tokens (promoted as currency) that they both have a problem with.

Mentions:#BRK
r/BitcoinSee Comment

1 unit of dollar is worth less than 1 unit of bitcoin Similar to how BRK-A is worth more but has smaller market cap than say AAPL

Mentions:#BRK#AAPL
r/CryptoCurrencySee Comment

1. Series i bonds 2. SPY and BRK.B 3. Real property 4. Franchise or small business that is a diversified portfolio which over time will outperform one can make good or bad choices so the given here is one makes good choices wrt properties and businesses.

Mentions:#SPY#BRK
r/CryptoCurrencySee Comment

Bears playing at 36k ![gif](giphy|tQi5p4A1c7BRK|downsized)

Mentions:#BRK
r/CryptoCurrencySee Comment

I bought $WES and DRS my stock units directly with their chosen Transfer Agent. I suggest every individual investor do that for all of their investments though, not just to fuck over $BRK.A

Mentions:#DRS#BRK
r/CryptoCurrencySee Comment

He really is. For all his wealth he spends his time talking shit about others, shitting on new ideas.. you'd think someone with what $50 BN wealth will be able to afford a peace of mind? Nah, Munger has to be right there every year talking crap about things he doesnt even understand No wonder the same guy is propping up big oil. Companies that do immeasurable damage to the ecology. In tardfi and wall st, no one really has the balls to call out these guys for what they actually are - greedy capitalists who wont think twice about robbing you at gun point. Because calling out the god of investing Buffett in Wall St is an instant boo boo moment. Thats why you have the entirety of wall st and company CEOs listening to these dinosaurs without any response. I mean, Buffett & Munger's largest investment is Apple, Apple CEO was at the BRK conference, [Apple CEO has good things to say about crypto and holds crypto too](https://www.cnbc.com/2021/11/09/apple-ceo-tim-cook-says-he-owns-cryptocurrency.html).. yet he has to sit there and listen to the nonsense being spewed out because the CEO of Apple putting Buffett in his place is not in the script

Mentions:#BRK
r/CryptoCurrencySee Comment

Warren Buffett just spoke about this at the BRK shareholder meeting but he explained it as “tribalism”. Ultimately there’s only going to be a handful of winners. Diversify & don’t be afraid to cut your loss & find a worthy project.

Mentions:#BRK
r/CryptoCurrencySee Comment

Buffett was late to investing in the internet and tech too, and his response was basically... "Who cares? I buy railroads, insurance and Coke". Not everyone hits every wave... I buy BRK because it's like buying a mutual with super cheap fees and it's a Hegde against my tech heavy portfolio, I don't buy it for Warren and Charlie's opinion on tech.

Mentions:#BRK
r/CryptoCurrencySee Comment

Just a quick question for the sub... If you had $100,000 to invest and had to double it in 10 years, would you follow the advice of Warren Buffett or CryptoSpazboy431 ? Buffett is not into volatility, he has the fundamentals he looks for and the rules he operates on, and in the long game he has been right a lot more than he has been wrong. That doesn't mean BRK growth has been maximized, but it has been significant. Crypto certainly has opportunities to turn $1000 into $1,000,000 if you're in, and exit, at the right time but it also has the ability to turn $10,000 into zero faster than Warren Buffett can change his Depends. For retirement planning, crypto is not necessarily the best way. It's a portion of my portfolio, but is nowhere near a majority share of my holdings. I contribute to my 401K before I buy crypto. If you're young and want to take a flyer on crypto at a time when people your age aren't considering things like life insurance and retirement planning, the risk may be worth the reward, but at the end of the day HODL and "to the moon" are not investment strategies.

Mentions:#BRK
r/BitcoinSee Comment

That’s the dumbest thing I have read all day. BRK.A is trading for $475,543.38 as I write this comment, on the fucking NYSE.

Mentions:#BRK
r/CryptoCurrencySee Comment

I respect Buffet and have a ton of $$ tied up in BRK... but I've never respected this argument of his TBH. There are LOTS of asset classes that don't produce tangible product yet make $$, ex trademarks. He was last to the internet revolution as well, so I imagine Berkshire will be last to this as well, once he and Charlie are gone.

Mentions:#BRK
r/CryptoCurrencySee Comment

If the statement is true (Bitcoin in total is valued more BRK) then it just shows how stupid some “investors” are. BRK owns many great companies/brands + huge amount of stock + has a large stockpile of cash. Bitcoin has no value and creates no goods/services and had no ability to create income. It’s only value is what the next “investor” will pay. Ive made some good investments and some bad ones but I’m gonna pass on crypto. Too many better options.

Mentions:#BRK
r/CryptoCurrencySee Comment

You're vastly underestimating how complicated markets are. BRK is 40% AAPL. If AAPL goes down 2.5%, BRK goes down 1%. AAPL is just one example, take any other company they are invested in, if there is a shift in the allocation of capital from stock markets to cryptocurrency markets then it depletes the price of the stock. Nothing in markets a "threat" in any serious way to Warren Buffett or Charlie Munger, they're billionaires, even if the price of BRK declines 95%, they would still be richer than almost everybody. Cryptocurrency generally is a threat to equity markets because it's a reallocation of capital not only by retail but also by institutions, you seem to have a kind of misplaced confidence in your argument.

Mentions:#BRK#AAPL
r/BitcoinSee Comment

His own company pays no dividend. Owning BRK is all about speculation. He’s a hypocritical arse.

Mentions:#BRK
r/CryptoCurrencySee Comment

It doesn't matter whether or not it's groundless speculation or not, that's totally beside the point. If a lot of people sold their BRK for tulips then it's still going to crush the price of the stock.

Mentions:#BRK
r/CryptoCurrencySee Comment

Not really no, cause BRK is more than groundless speculation unlike a lot of crypto that lives by hype

Mentions:#BRK
r/CryptoCurrencySee Comment

If people choose to invest in Bitcoin rather than BRK, then it's a direct threat to their business because it decreases the demand for BRK and thus the price decreases. Not sure why this is even a discussion.

Mentions:#BRK
r/BitcoinSee Comment

> never intended to really be about voting rights The person I was responding to asked "Does he really think people buy stocks for their voting rights" -- clearly not when it comes to BRK.B (and many other stocks which are stripped of voting rights). > if you wanted to vote you would have purchased an A share Any quite a steal it is with the half million dollar table stakes for a single share.

Mentions:#BRK
r/BitcoinSee Comment

A single share of BRK.A costs $484,340. ... or you could get BRK.B for $322.83 but BRK.B only has 1/10000th of the voting rights. What this says is that Buffet is fine with depriving people of voting rights in his company ... and that apparently people are perfectly happy to buy shares even when their voting rights are greatly diluted.

Mentions:#BRK
r/CryptoCurrencySee Comment

1 BRK.A share is like 500k. Young people can’t afford a single Bitcoin.

Mentions:#BRK
r/CryptoCurrencySee Comment

Yes but if we’re gonna compare incomparable metrics let’s also point out that the price of one share of BRK.A is much more than the price of one BTC

Mentions:#BRK#BTC
r/BitcoinSee Comment

Which are your top 3 stocks? I’ve been thinking of buying BRK

Mentions:#BRK
r/CryptoCurrencySee Comment

When he says "understand it" he means he's able to estimate the future value. Back in the [dot.com](https://dot.com) days it was clear to everyone, including Buffett, that the Internet and mobile technology would revolutionize the world--and it absolutely did. But Buffett sat on the sidelines to great criticism because he didn't understand it, he said. But how it would ultimately play out wasn't nearly as clear. Tons of companies cratered of course. Yahoo! was dominant in search and web portal. AOL was the leading ISP and major portal and was sold to Time-Warner for $110 billion. Cisco was dominant in hardware. When the smoke cleared, Yahoo! and AOL still exist(barely) but at a tiny fraction of their original values. Cisco remains a fine company, however their stock price still remains well below its [dot.com](https://dot.com) peak. The number of promising companies that flamed out completely are beyond number. So in fact, Buffett wasn't alone. Lots of people didn't understand it either, including lots of people who thought they did. In the meantime, Buffett sat on the sidelines investing in boring but easy to understand things like insurance and railroads and BRK stock is pushing all times highs with a market cap that is eight times higher. To be clear, I'm not saying what Buffett does is the best way or the only way. Not at all. But it is way he invests. So he is never going to invest in something like Bitcoin that has no clear enterprise value.

Mentions:#ISP#BRK
r/CryptoCurrencySee Comment

In my unprofessional opinion, anything making profit. BRK green on red days is because of their owned businesses making cash

Mentions:#BRK
r/BitcoinSee Comment

That's what people said about BRK/A stock when it was $6K/share in 1990.

Mentions:#BRK
r/CryptoCurrencySee Comment

Been short crypto since 69k Billionaires pumping to lure in retail The greenhouse emissions bitcoin produces is ridiculous When digital currency comes out bitcoin is obsolete Look up Kanye west NFT response. He gets it. If you don’t, you’ll be on the Reddit depression sub in a couple years due to massive financial losses. It’s rat poison. I’m sitting pretty on my BRK B gains of millions. Like Elon said, web3 is stupid. Have fun pumping the NFT ponzi!

Mentions:#BRK
r/CryptoCurrencySee Comment

BRK is one of the only stocks in the world to hit an all-time this week. Buffet/Munger may have been wrong so far on crypto but they are still printing money.

Mentions:#BRK
r/BitcoinSee Comment

Can I do this with fractional shares of $BRK?

Mentions:#BRK
r/CryptoCurrencySee Comment

BRK used to own a bunch of Wells Fargo as well, remember all the false accounts that were created without account holders permission in a way to boost their account numbers for financial reporting? Pepperidge Farms remembers.

Mentions:#BRK
r/BitcoinSee Comment

Wow, and BRK-A is also better than the dollar, maybe even more so! We should replace USD with BRK-A!

Mentions:#BRK
r/CryptoCurrencySee Comment

ARK should first concentrate on the tumbling value of their own funds lol. They were the darling of 2020, now turned into a meme ETF provider. They were 70% ahead of Berkshire Hathway at one point in 2021, now BRK has over taken ARKK in terms of gross return. ARK need to prove they are not just a fund of one hit wonders that did well due to infinite QE supplied by the Fed

Mentions:#ARK#BRK#ARKK