Bitcoin Forum

I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor. Also all the school praise how good he is, and all of us should follow his philosophy. I didn't make a lot of money following his books, and most of the time I found his books contradicting with each other, to be honest I loss a lot of money following his value investing, but once I get into bitcoin, I'm quickly to make a lot of money, and knowing that Warren Buffett do not like bitcoin from bottom of his heart, I don't know why, I think learning from Warren Buffett is a big mistake, and I regret reading his books altogether. And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.

Probably most of them didn't really follow Warren Buffett. They just like his idea, his life story, his motivational word or way become successful person without trying to do what he has done. And you are here with full of scars as a result for applying his idea on your real life. Of course, he hates Bitcoin, because this decentralize world could change everyone's philosophy and start to leave him.

Um yeah...I don't know when you made that money in bitcoin, but my guess is that you were momentum trading, which is something Warren Buffett is not into.  What he does takes a lot of research and a lot of patience, which is more than most people in the stock market can manage.  Plus if you've ever read his biography, you'll know that he's absolutely obsessed with finding undervalued companies, to the point that he doesn't have many other interests in life.  He reads annual reports for fun--and he is intelligent and educated enough to grasp everything that he reads about the financials of companies he has on his radar.  In short, he's a statistical outlier.  A stock market prodigy.

One of the reasons why he's so popular with people is that he's not a typical Wall Street guy.  He has a reputation for having a simple life, doesn't enjoy ostentatious displays of wealth, and is generally known as a nice guy.  And he's brilliant, too.

Don't worry about what WB thinks about bitcoin.  I can understand his point of view, but I'm not him.  I don't own a multi-billion dollar investment company with shareholders to be accountable to (Berkshire Hathaway), and I'm comfortable with viewing investment in crypto as a gamble.  WB isn't comfortable with taking risks like that, and that's totally fine.  So while I have great respect for the man, I realize we're on opposite ends of the investment spectrum.  That probably holds true for a lot of us on this forum.

I think people like stories, in Buffett's case, he was able to find undervalued stocks and turn it into diamonds. His method requires much analysis, including financial statements, which is not applicable for analyzing cryptocurrency projects.

It's understandable that he hates BTC since it is not a business.

I don't think following his philosophies would be effective.
We could have them as our inspiration in a successful investment but we can't rely all our decisions on what we read.
They have their own strategies but we couldn't follow all of it but rather take some tips from it. Warren Buffet has his own belief and strategy which contradicts with cryptocurrency at some point.

Many of us follow his philosophy, one of my friend actually go ahead bought and read nearly all the books, and he's one crazy fella, because he's willing to go margin trading with 3x leverage, about 500k worth of money the last time  he told me, I wish him all the best, he told me he's going to be millionaire in 6 years, that's by 2020, and yesterday I told him he should learn from his mistake, because he can't make a million dollar from stock market, while my crypto are way faster than his stock market, (of course fast car, fast money, I don't know who hate that, we all come to stock market to make quick money, but we read the nice guy book, and in the end it became an obligation to invest stock market to not to be get rich quick, what's this contradiction?

Your statement is easily refuted by someone who read and follow his guide and technique on investing. You need to make your point stronger, for example, tell us which strategy that you follow and how did you do it, especially for how long have you done that.

As Pharmacist said, Buffet method of investing relies on patience and fundamental values of a company. If that didn't work for him he won't be as rich as today. So either he's lucky or you didn't apply the technique correctly. I'm not going to say he's perfect and you can follow him blindly, as most of the technique requires your own intelligence too.

A greatsword is nothing if the user can't lift it to fight their opponents.


Why?

Nearly all of his techniques relies on his philosophies in making money. If you don't accept his philosophies then it also means that you don't agree that his technique is valid.


You should not accept tips from psychic if you're trying to solve high-level math problems.


Because investment needs patience. Nobody would say if you invest in Apple for a year you'll get 100x. It is not a contradiction for me. Investment does not equal a get rich scheme, it can take years before your penny turns to millions. The profits relies on how successful the company you invest would be, which is why it takes years to happen. In crypto, you can get 10x only from a single tweet of a CEO. But on the other hand, you can get -90% return just from nonsense news. So if you want to have a get rich quickly scheme (or get rekt quickly scheme) crypto is your choice.

WB getting quick rich from the stock market, he can say whatever he want to show he is one nice guy in the entire world, but look at his company, the bershire Hathaway, what on earth his company worth $300k for a piece of share (and try to buy that I dare you, and no way I could afford them, I need to fork out so much loan just to buy a piece of them, and you can't get a 1/10 of them, you need to get one full piece of them at a time) he pump his own company to the moon to make quick money while calling us who make quick money in crypto a gamblers, and he hate Bitcoin, basically it make too many rich people quick, and he hate anyone who is richer than him and his company? I think we had loss trillions of hard earned dollar by following his philosophy to date, and the 2008 crisis is partly thank to WB too, how long are we going to make this same mistakes again and again.

Warren Buffet is considered an authority just because he is rich. ;D
He became a billionaire only because the Federal Reserve System started printing US dollars on a massive scale,so all stock prices hit the roof.He's not a genius.Most of the stuff that he teaches and preaches is just common sense.

"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful", this is one of his quote which he wrote from his own experience. We cannot expect the same to happen with everyone who make a try on investment. Every small investor will be fearful when they're making their life earnings into an investment and being greedy is common.

Not all people learn from Warren Buffett because many people don't know who is him.
People only know Warren Buffett is a motivator, learner, speech and someone who knows many things so people will listen to him if that person needs advice from him.
You don't have to feel regret by reading his books because at least you can find how Warren Buffett teaches people to make an investment or have an investment.
I am not yet reading one of his books because if I want to do that, I should buy that book but meanwhile, I can get another information or add more knowledge from what I read on the internet.

Are you seriously questioning why people bother to follow celebrities? Funny. They did something big(good or bad) which is why common people tend to follow them out of love or hate. In this case, Buffett principles conjured wonders for him which is why others are trying to replicate his success which takes time and does not happen overnight as the others mentioned.

I think we have to understand that it is actually impossible to COPY PASTE someone's success especially in investing as there are many factors that can influence one's decision at any given time. Warren Buffet should be serving us as an inspiration and that idea that success is truly possible. On cryptocurrency, we know that Warren Buffet being an old school is industry's well-known critic and we have to respect him for that. Sometimes we have to understand that successful people can say whatever they wanted to say...and Warren Buffet belongs to this club.

That's because , he is a great investor, a good speaker, a good philanthropist , and not the last but the main point
*He is a billionaire *

He is someone that people aspires to become therefore they are just following him blindly , they are trying to do what he did also there is a quote that you might have heard of

" Learn from not only your mistakes but from other's too because you cannot make every mistake there is in your entire life and get away with that and still have time to stand up "

So people are just being wise , I don't think there is a bad thing about that it's their choice.

Well sometimes, it is not about the book and the idea itself. It is the motivation the author is giving.

People read books from their desired authors because they wanted to know how exactly that person made it.

If his contents are not working to you, then you have pick another book that would work for you.

I personally admire Warren Buffet. His investing strategy is different and also effective. If you're looking for a quick return of investment but unsure, then Warren Buffet is not your stuff because for him it doesn't work like that.

You probably have to read this books once againg. His investment strategy is about finding an underpriced assets, buying them and selling for a full price later. So Warren Buffett is buying $1 fo 70 cents. Your problem is that ICO tokens and the entire crypto industry is looking more like a venture investing which contains an increased amount of risk together with a chance to get an increased profit.
Warren Buffett is a very skilled guy but he is working with the other type of investing.

Of course Stock Market and crypto are not the same stock market is more stable than crypto it is back up by real business,
While on the other hand crypto is just a digital currency that is backed up by the demands of the investor .
And it is much more secure in stock market compare to crypto so we shouldn't really force others to invest in crypto.

Following many of Warren Buffett's advises on investment would be great deal for someone with a time machine. He was really brilliant in the past and that's why he has made so much fortune. Currently, however, he is unable to clearly grasp what's going on the market, and he tends to listen to his younger advisers, regarding Bitcoin in particular(in his own words). I don't blame him, I think it has something to do with biology, he's 88 years old after all. I don't know how many of us would be able to know shit from Shinola at that age.

And yet, being a genius, he once said words which can be perfectly applied to crypto trading today:

I don’t think he care about anyone who leaving him, just like how McAfee starting blocking twitter user from making any tweet about him. He could be so full of himself when the entire world don’t agree with him.


He is only likeable because he is one holy men in the entire world, never ever hurt a woman’ feeling, never make a mistake, the right man the best man that every woman dream of getting, and yeah, no woman will bitter about him too.



I didn’t follow any of his quote since a long time ago, I just begin to feel disgusted with whatever he try to say.

I don’t believe in feeling, some people prefer to make decision based on feeling, they feel Warren Buffett is the best guy in the world that every men can dream of, and they make it the right decision of their life. I emphasise on why, how and what we do something, why how and what we can learn from Warren Buffett? Is it important to know why how and what? Or is it important to just let your feeling decide what is the right decision in your life? I’m not presume who is the right or who is the wrong guy, but it is all up to you guy, I would never ever question if Warren Buffett was a wrong guy. He could be the right guy for every woman’s can dream of.

Yeah, he is very famous, I can’t possibly ignore him, it is all over the news, all over the internet, the paper, the book stores, it is like the entire city is full of his pictures.


I love the quote too, I made a huge mistakes in stock market, and it didn’t doom my life, and it is one unforgivable experience to me.

Warren Buffett economic and investment advice can not work for everybody and at that while some of his follower's gain from his investment method others lose using the same method. But where are pick against Buffett economic advice is when he speak against bitcoin and referring to bitcoin as a bubble, but we can all see what is happening in the bitcoin market which have proved him wrong.

yes. moreover not a few economists say that, to be careful with the bitcoin bubble, which later can harm investors, they consider bitcoin a game. but the fact is that until now bitcoin has proven that it still survives and develops to this day

If you a successful person, I believe your motivation always have some value for other people. Just like Warren Buffet he a successful person at Stock Market & Busines that's why went he making a statement/motivation other people using that motivation for their own purpose to become like him.

As far as i can tell, Warren Buffet has proven himself an expert when it comes to investments, though they are other investments that am sure didn't turn out well for him, i know for a fact that his wins far outweighs that of his loses. He is undoubtedly the king when it comes to investments.

If really that most people follow buffet or his idea, the reason is simple. People believe because he has made it to the top, they think following whatever he said will also make them successful but forgetting that destinies are not the same. Just like the saying that failure does not have siblings but success has numerous of brothers and sisters. Is always a thumbs up for success and thumbs down for failure.

Why hate?
He is good in his field and he did great to it. People just want to quote that part and not the rest of it.
Same with quoting senators and presidents who had been good in their field. Just using them for one purpose and what is being conversed.

If you are good at your field then do it as how you want it to be then maybe next time people will use your quotes for the same purpose.
I think you are just butt hurt that he hates bitcoin for making a lot of people being rich in just a moment. So what?!
They did it with their own risk and he knows about it.
Just pray that someday he will understand it which I doubt he didnt by now.

Keep on doing your own and set aside those who will get in your way.

Crypto are fast, I like to refer crypto to be the fastest among stock market, forex or commodity, it mean one year in crypto equal to ten years worth of hard work in stock market, because of how fast it is exchanged, making fast money became possible. Stock market used to be very fast, too, it is often claim to be the getting rich fast, but not for today stock market, it is so slow, compare to nearly everything you can invest, the reason it is so slow I believe it is all due to how expensive stock market has gotten to be, the entire stock market are said to be worth few hundred trillions dollars, when stock market were worth few millions dollars, it is quickly expanded into billions dollars, at the same time make many shareholders get rich quick, not for today through, but the old folk don’t even know what’s going on and they continue to believe stock market is fast and tell everybody to invest.





I don’t remember why we need stock market at the first place, but I was forced into investing because why? I believe most of us are forced into investing because the inability of the government to curb inflation, we are forced into stock market, to make a lot of money fast, so that we can survive the other day, try to prove me wrong on this one, and when we get into stock market, we are forced to be obligated to invest not to get rich quick, it is completely bullshit, stock market can’t even fix your money problem and we are still being told to invest in stock market so that we can fix the money problem, anyway I’m glad I get out of it quickly, and save me a lot of hassle to listen and read the book written by lucky guy who make billions from the stock market boom. They can’t help me and I don’t even brother to read his story.


It is good for him to make a lot of money from the stock market, but I won’t question how good he is at investing, however I think it is not the reason to learn from him. We have so many billionaires around, are we going to learn from every one of them just because they success in it?

Experience with people always had different opinion about everything that's why we need to gain the learning from the people who had experience in their life not only from the bigger person's but also we need to gain the knowledge from the friends also had some more extra experience about what you are doing.

I guess a man who reads annual financial reports of companies with unparalleled interest like a pervert takes delight in surfing porn sites should interest money lovers. This is how people see Warren Buffet.


Satoshi is an incomparable phenomenon!

The problem with Buffet is that he doesn't understand Bitcoin's technology at all, yet he just looks at the charts and spews insults all the time - and in my mind this is not something a great and brilliant person would do, people shouldn't have strong opinions on something they don't fully understand, being quiet doesn't diminish anyone.

Buffett has an impressive track record of successful investments throughout the years, but he has no to very little clue about what's happening in the world of tech, and this is where he misses out big time.

Sure, he is a multi billionaire and doesn't need the money anymore, but he has still shareholders to please, and they I am sure would love to generate higher returns they currently don't generate from tech companies.

On the other hand, Buffett not seeing the opportunity in tech companies or Bitcoin, means that we have an advantage over him and his fellow traditional dinosaurs. It's an opportunity, not a disadvantage.

By the time they do finally acknowledge the power of tech, they will buy in when most of the rest has already been in for years. :)

So he is an investment inspiration, so everyone will not be exactly like him with all the benefits he gets, I will not reap the way it works, but maybe I will take inspiration from him to be someone who is passionate in that field, not panicking with this because everyone knows how their brain with all their skills, sometimes it can trap your own mind if it's too difficult then look for other references because everyone can be a person in his own way.

He is the best among the best. That does not mean that every opinion he has is right. He is basic, simple and patient. Invest only in deals that he can understand. He does not understand what the internet is, what is startups what is encryption. He understands that people like to have insurance, like to eat unhealthy foods and like to drink sugar soda and beer. And that these products sell more if you have a great global brand.

There is no doubt Warren Buffet is one of the best investors in the world because the facts can prove that. The problem is that each millionaire/billionaire has its one filosofy and mentality about investment. Some will tell you it's good to invest in this, others will tell you it's good to invest in that so its only a matter of choice who are you going to listen to. Just because he is one of the most successful people in the world doesn't mean he's right in everything he says. It's just his opinion and it's your choice if you take it seriously or not.

I admire Warren Buffet as an investor in stock market and he is the best hodler when it comes to holding investment for a long time. His motivational books inspired a lot of people in the world of business and investment. But sad to say, he is against bitcoin and don't believe in a technology called blockchain. Warren Buffet is already too old to understand what cryptocurrency and blockchain is all about,  but despite this view, I still admire him.

They “take” the risk, that sound like a complete sugarcoated and typical reason that any wall street guy would said, and I doubt it, what kind of risk when someone are a absolutely religiously devoted to value investing to the state that they want everything at a big cut of price, don’t it sound very damaging to a growing economic? They just want everything cheap, lowballers to be in disguise, and being shameless too, because I will pump my own everything to the moon as high as 300k for piece of stock as delusional as possible, when you get everything at very deep discount you don’t brother what it does to the economics because why you need to brother it, economics is always growing right? It won’t collapse because of a person like me, but this time is all the guy preach value investing from him, everyone don’t brother just like him, of course we all “took” the risk just like him.



Yeah I think he love money so badly that he don’t want to spend any of them on anything, everybody love fast money and fast car, but WB are a rare trait, he only hardcore love fast money, but he now have found a new perversion, he will unroutinely come around and critic anything that’s as annoying as crypto.

Warren buffett once said "don't invest in something you don't understand" . From warren buffet I learned about investment and how you respond to your investment. it seems that you are wrong in investing, ok you said you made a lot of money from your investment in crypto, that's because your knowledge is crypto, follow your passion not someone else. I didn't just learn from Warren Buffet because of some thoughts that I didn't approve, Jeff Bezos, Bill Gate and there were still many more entrepreneurs who had intelligent thoughts that I took their knowledge.

Companies/businesses need the stock market to raise capital and to get some "benefits" of being a public company.

No one force you to invest mate. If you want to make much money fast, you should create your own business, not putting your money in some financial instruments and hope that your investment will go to the moon.

Old and rich people don't actively create businesses anymore because they don't have to. Thus many of them choose to invest via various financial instruments understanding risk-return. However, some still actively creating something valuable.

So if you are not old and rich, please stop this nonsense, none is forcing you to invest.

What do you mean you can barely read them? It's all over the internet.

As far as Warren goes, he is a titan with regards to stocks trading and investing. But you have to remember that it was not a smooth sailing for him. He also has investments early that failed miserably.

As to why people is quoting him, he has gain so much wisdom obviously and he has been in the limelight for so long that he had thousands of interview to be quoted.

We can only quote Satoshi in this forum, but remember he is not an investor, but the creator itself. So if you are looking for wise investment, you can't find anything from him.

He is very successful investing using non emotional decision making which is most people's fault.  I've read some stuff of his and some of the best ideas I've taken away is dont be scared to buy when everyone is selling and sell when everyone is buying.  Holds true whether you are talking about stocks or crypto.

Yet another typical fix the money problem, but this time it’s much more deceiving and indirectly, it is about fixing the “their money problem”, that’s why all the nice guy tell you you’re obligated to invest to make money slowly, not to make money fast, it took forever to get your money back.



When inflation hit you hard enough, no one need to force you to invest, you will emotionally driven to want to invest, and it is obviously the primary reason the Wall Street guy know very well, they know 95% guy would have money problem and they will come to them, so that they can start selling you something to make you “rich”, btw it is nobody force you to do, so it’s all your fault, basically please blame yourself as kys, obviously how many people choose to kys because of 2008 crisis, I think people have forgot whatever happen during crisis, they will always driving them self into another mistakes, and it’s could be all biologically driven, a perfect life cycle of a peasant, and please stop complaining and go to work. :)

As far as I know, investing (in financial instruments) is not an obligation. It's not something that you must do. However, I agree that you must invest in your education.

Since risk-return applied, go ahead if you want to make quick money.

What?
If inflation hit me hard enough, I'll hedge with gold. Investing is different from hedging.

Wall Street + Government + Banks indeed play a bad role in the past housing crisis, but if you are financially literate (https://en.wikipedia.org/wiki/Financial_literacy), you will not get rekt that hard.

Okay I'll stop here because it's getting off topic.

---

Still, people should learn from Warren Buffett. It's incredible how he meticulously researches his target before making an investment decision and be a strong hand.

Hedge that inflation with gold? Did you know how the entire gold market is doing? I don’t think you can hedge with gold, and look what they’re working very hard to make sure you can’t hedge with gold, how is the gold entire market cap? It is said to be $7 trillions worth of physical gold, and an unspecified market cap of tens of trillions gold derivatives, and don’t get me wrong they’re all gold too, I don’t know how they do it yet you can’t expect the gold price to just moon to another dimension when the entire market are so manipulated that simply buying them make zero sense, well glad you came to bitcoin, since nobody seem to be capable of destroying the ultimate deflationary nature of bitcoin, I think gold is no longer deflationary when it’s pair with dollars and pair again with gold future, I’m not sure about bitcoin futures, however bitcoins are far from fully valued, it could be equally valuable to the gold market cap. Who know? Since everyone love to call bitcoin the new gold, I kind of agree with them.

You may not agree investing is not an obligation, I think WB have no obligation too to please his investors.
Well, Wall Street government and bank I don’t dislike any of them, actually I like them a lot, they’re by far the best education to me, by following what the conspirator do, I could win them in their own game, I kinda of think this organisation are some of the largest conspirators in the entire world and they’re all invisible to all of us.

   I follow him on Twitter, but I've never red his books and other serious works.
I like what he says and his manner. In the most of cases his predictions towards crypto and the economy came true.
That's why so much people follow him and admit him as one of the most respectful and powerful experts on the market.

Why he is the most successful investor?

Because he never revealed his success technique so following his geberic ideas will not make us a warren buffet but what we have to do is just take him as an example,he believed and invested that is why he is more successful than others.

I don't believe in Warren Buffet although I have seen some of his quotes from my social media friends, but since he is against Bitcoin I have no reason to read or believe on what he says I made profit from Bitcoin not from anyone's advice from his teaching, it's simpley by low and sell high and HODL and check and become an early bird to a new project..

To understand Warren Buffet it is necessary that you have a little financial education, he in his books gives advice on how he invests, but it does not mean that it must be fulfilled. Being an Investor is not the same as being a market speculator, because simply the Investor must comply with certain conditions, he has to make a broad study of the stock or currency that he wants to invest, normally the safest currency is bitcoin, and there are certain conditions that within the speculative market must be met.

For example, you can not make an investment decision in a Distribution phase, because it would be to lose money, you can not invest when everyone is selling, even to buy and sell you must know where the market is so that you have a successful operation.

The thought of an Investor is very different from that of a speculator, everything makes sense in the books of Warren Buffet, but for you to understand it you must learn to understand the type of market in which you are, the condition is that you operate and the logic fundamental, but in no way can you understand them.

I advise you to read books about the market, how it works, what to take into account, that Warren Buffet does not like cryptocurrencies, I think he is a very old Lord and he has the right not to believe in what he does not want , because he already did his part in the Stock Market, but that does not detract him from the fact that he is a master of the investment.

Warren Buffett is a very successful person in terms of investing. It is just proper that some will admire his work and would like to follow his teachings.

An expert does not necessarily mean a good teacher. Same is true with Buffett. And besides, you also need to have knowledge about investing to understand and implement the teachings in his books. It is not like you read a book and you suddenly become an investment expert.

This proves that you still know nothing about investing. You are investing in bitcoin without even knowing what it is. If you really are interested in bitcoin technology, you should at least have read the white paper, but you didn't.  You just got lucky, that's all.

You know looking at stock market today, Dow crashing, apple crashing, it remind me of the old days again, it is the worse feeling ever I have got through, I’m completely unimpressed by all the guy who tell me what I should do, why I need to read more, I’m being lucky etc, it is all the same, just unimpressed, seriously why are they so obsessed with blaming the other guy, are they just trying to help?

The reason is that people who want to succeed in investing are looking for someone who has already succeeded, in order to repeat his success, they are looking for the best in investing. Since Buffett is the best in investing, so many learn from him investing. Perhaps Buffett could succeed in investing in cryptocurrency if he knew this, but we don’t know because he doesn’t understand it.

Warren Buffet is human and he has found his own root, we all have a different thing that works for us, I believe that his books are not to encourage people to follow his steps directly but to learn from the steps he took to success and maybe on of it will help us in our won decision too.

He will not support bitcoin because many of them are under the impression that bitcoin is a Ponzi scheme which is meant for lazy people, but they are getting it all wrong and I believe that once they clearly understand it, they will change their position. It is not every successful business men that really understand the concept of blockchain, that is why they are all getting it wrong, which is why Anthony Pompliano said cryptocurrency is meant for machines and not humans.

It is so obvious how he is making money out of you people? Buy his books, I bet he is making more money out of the people who are desperate to be a successful investor or businessman. Not everyone is a fan of someone because of just some reviews of prestige universities. Remember, there are people who are making money because of reviews, the famous the reviewer the better, so not all reviews are totally accurate and true.

He surely does understand it and they way it works, probably more than most of the members here do and that's because he has a ton of experience from investing in all kind of projects. I think the problem that he has with bitcoin is that it is a very risky investment and most of those big investors usually don't want to take those kind of risks because it's unnecessary since they could make the same profits from a different business while the risks are much lower.

well, that's true, but you need to remember that for someone who's buying someone else must be selling. so every time buffet sold on the top, someone else lost money to him. So, not possible everybody buys at the same time and sells at the same time. For every successful investor, there's someone losing money as well.

Plus, buffet is not master investor in investing. he was actually wrong about tech stocks. he was wrong about amazon and even tesla. yes, he's good with traditional investment assets but he isn't that good in technology-related investments

Not everyone should follow him. For someones his thinking may be more logical. It will be beneficial to know more, also it will improve your thinking. You can also choose another "idol" for yourself.

In the modern world, most of the young people see the philosophies and methods of Warren Buffet as old-fashioned. Probably, people dont follow him because his ideas are not feasible in contemporary times.

Warren Buffet is one of the successful traditional investors, his skill maybe good in the old time and the investment is around choosing the right stock and get dividen, for modern world is not too suitable and he doesn't believe in something new like bitcoin, so I think Warren advice could be a little out of date, but he still one of the richest man in the world

Obviously, not all people base on Warren Buffett philosophy, just with those who want to have his advice as well as experiences to partially make their work more successful like the way Warren Buffett did. I wonder why so many people are so bizzare, they have their own reason to follow a philosophy but then when they failed in what they had followed, they blamed for the philosophy. Warren Buffette is known as a famous person in terms of investing, because he has a good analysis, skills. However, it does not mean that you can succeed in investing if you follow his advice. The most important lesson is to learn, you learn from his experience than do your own way to gain profits. Especially, don't blame his advice anymore, the biggest failure indeed from you yourself.

Warren Buffett is the greatest investor of all time, he's also one of the best teachers of investing. He's a very influential person and many look up to him. With his expertise, knowledge, skills, and number of experiences he has contributed a lot in the field of investment that are very helpful and informative. Moreover, it's still very important to continue learning and exploring for more ideas inorder to make creative decisions.

of course we learn from someone who has succeeded. of course it would be easy for us to believe in the theory theory he said. many strategies and analyzes are needed to invest, so we can follow in his footsteps

We don’t even have to rely on people’s opinion for us to be successful, if they had all replied on peoples opinion form the books they have read too, then virtually every one of them would have gotten their wealth from one direction out of the many ways available in the world for us to be successful.

Their books should only be there for us to be motivated, because if they can do it, we can also do it too, so when we read these books, they are not saying we should do exactly as they did, but like you said, it will, only show us some steps that they took first that led them to their success.

One of his idea has really been taken serious by some investors who are doing very well in cryptocurrency investment, which is to “buy when everyone is selling and sell when everyone is buying”, he might not like bitcoin, and many people might also not like him for this, but there are still some parts of his books that we can read which will be useful to our future activities.

Look at now, most traders have successfully applied that idea quoted above to their trade and anyone who has done that has really not made mistake with their investment, I have used it too, because every time I see the market dumping, instead of panic selling, I remember his words which eventually works for me later on.

We can't question people who believe and follow Warren Buffett's philosophy. He's famous and most people idolize him. He is an inspiration but I guess following his footsteps would be hard and we can never achieve the exact achievements that he had if we'll not have the same perseverance as he did.

right, so it was with me, I never knew who he was. how can I learn from him. many said that they followed him because he was interested in the story of his life and struggle and also learned from it.
but until now I did not know the story. so there is no reason for me to learn from him.

Even though Warren Buffet is strongly against crypto we can still take a lot of useful advice from him.

1. be patient
2. don't sell just because there is a dip
3. be very careful trying to catch a falling knife
4. buy when there is blood in the streets.

Warren Buffet is a special kind of investor. He is not seeking just for profit, while make investments he is also thinking at the human factor, like the employees from a factory. I like him! ;D

We still have wall street traders who make up majority of the markets. Crypto is still a very small percentage of all the markets in the world. This is why people who want to trade mostly come from a background of trading stocks and bonds and then precious metals possibly after that they go for crypto. So the good people to learn for would be people like Warren Buffet.

Its not that he is the one who is a god but people tend to idolize someone in order to proceed in life - thats normal.

There is a huge fundamental difference between how warren Buffett invests his money and how we invest our money, so I can't really say people in this forum do learnt anything from Warren Buffet. However, if you mean why people look at him and invest the way he does that is because his way of investing is something that could be replicated and looking at how he has became the richest man alive for a while and still high on that list means that his system actually works.

You have to find companies that will exists for a long time (like newspapers, Gillette, coca cola etc etc) and is criminally undervalued at any given time and invest your money into it. Dude literally gave over billions of dollars into a BANK so they can recover, he knew that with his money that bank will recover soon and he would be making stupid amount of money. It doesn't translate well into crypto but it works wonders in stock market.

There is near no possibility to invest like Warren Buffet being individual investor. First it's because Warren Buffet is mostly trying to buy preferred stocks because it gives guaranted dividends. Second i think he has confidential informations and it gives him more chances to make money on market than others. Third having so big amount of assets he can manipulate market by doing moves on market.

Warren Buffet is a "legend" to the fiat overlords, and as such, they will advertise him as a "guru" to cuck investors which are the majority in the stock markets.

Nothing of what he says have any weight with me. He is the owner of Walmart which is a network of shops in the US that pays low wages. Only cuckolds will hold him as a role model.

Actually I call anyone who is against crypto, but is into stocks and bonds, as a cuckold investor. The cuckolatry for Wall Street is strong, so the fiat overlords dont need to do too much advertising for their "gurus", the "guru" only need to open his mouth and his religious followers will praise him as a sect master dispensing wisdom.

In my country its very popular the category of state treasure bonds, where the cuck invest heavily in his own torturers. The money is locked in the fund, and the cuck can only take it back after some 5-10 years. Its like the cattle praising the butcher, very bizarre to see.

That's strange I am totally in the opposite position on where you are right now. If we are talking about the stock market then Warren Buffet's words about value investing is on point just so in any books about value investing I have read so far its really hard to blame the books especially when they are only talking about their own strategy on how to identify undervalued assets and how to make money from them, mostly the only ones to blame here are the readers itself as they fail to identify what the authors are talking about. While sometimes even if they pick the right stock or asset they tend to lose patience and give up just before it stars climbing upwards. If you are part of the latter group I am talking about then maybe the crypto market is really for you since its a more fast moving market as its a volatile one.

I don't know lot more about the Warren Buffett but after reading your topic there is something in my mind going on to explore more about his lifestyle and story and probably it is also helpful for lots of people lives in to change into a different dimension.

There could be investor like Warren Buffet only in USA in this time in history who has long position on Country's economy for so long time. If he would invest in any other country he didn't get scores like in USA.

Even though Warren Buffet is a motivational speaker a d author, he doesnt believe in cryptocurrency. Also, if you are reading something like articles or books, just pick those who can help and not the whole thing because books are also based on the author's opinion. If you want to be successful then start with yourself by the help of the people you are inspired with.

I will share one of his quotations
https://i.pinimg.com/originals/9b/2f/85/9b2f8586f36abf182960e6d3c5203ce3.jpg
“If you don't find a way to make money while you sleep, you will work until you die." Now tell me that setting up mining rigs, or staking some coin isn`t the best way to apply this idea? For now even investing in bitcoin and sleeping over brings very high profit. Many of his words can be applied on cryptocurrencies, maybe he doesn`t like it cause he didn`t invent it, or he didn`t see it from beginning.

Warren Buffett is just a stock market salesmen, most people sell goods, he choose to sell share, he create M2 money and sell it legal to the world while calling bitcoin a fraud because it backed by nothing, his shares is backed by his words and his books, also his promise, also he don’t want poor people to buy his share, he only want to sell to rich people.

If you are pointing towards to American biased method of propagating information then I would agree, but it is also true that majority of big time traders dont reveal themselves. Buffet was no different. He didnt show himself when he was making profit. Instead he sold his public image out when he was done profiting and wanted to make people come into a social following for himself.

Obviously he has his own method of gains through it. Anyway this is less important for bitcoin unless if you feel that Buffet is trading on bitcoin, which is possible.

He was the most successful investor, don't forget about that. He's an old man now, 88 years old, and his brain is unable to process all that new information from the past 10 years. He said it himself, in one interview I watched, that he's relying on the opinions of his advisors regarding Bitcoin and blockchain technologies because they are younger and better oriented in the subject. Thus we can't know what  that Warren Buffett, 20-30 years ago, would say about investing in BTC, for instance.

yes i do think people will follow the success story and warren buffet is definetly not an open person and he did trying to make bitcoin looks bad cause bitcoin has a lot of potential to defeat the current market stock.

He knows about bitcoin and it has capability of breakig the current centralized ecosystem of economics so which will make opportunity for everyone to be on so the current top people will not let it to happen.Just learn how to become rich but don't hear anyone's words because this is selfish world no one is going to help us without any personal benefits for them.

No way, he probably has the team of world’s best researching team that money can buy who know every in’s and outs of nearly everything , I doubt he is just being sarcastic or using the deceiving words by calling youngster are talking bad about crypto too, and he get the source from the young people so it must be true, and at the same time we believe his vicious claims. He probably know more about crypto and earlier than any of us, I think he just pretending to be so clueless about it.

yes, with a decentralized world, making changes to 180 degrees, thus changing all the current economic order that has been going on for a long time. of course the way of life of successful people will be an inspiration to many people

Nobody here is cursed with the burden Warren Buffet must carry daily which is the task of investing 40 billion or more and getting a good price to buy with returns above normal.     To invest giant amounts and still find value is not easy to do.  
One of his quotes also is he would love be less then millionaire because he could he could at least quadruple his worth in a few years just by quick investing in many things he knows is too cheap.  Being small is a great advantage, the relevance to Bitcoin is the amount of growth is far beyond normal enterprise and its to do with engaging the very smallest elements of business done world wide I think.     These things are opposite to Buffet, he can find no worth in Bitcoin and praises government bond policies that result in 1 or 2% interest rates.   The trillion dollar movements of debt shifting around is useful to him, the game of marbles that is bitcoin is not.
The endless debt policies will eventually bankrupt any country that operates that way but he has a personal bias to praise that effect, I do think some of his venom for Bitcoin is that he can find no purpose to it and maybe thats because its not built to serve the largest entities, every person is biased to their own view of the world and he is no different.

Excluding tech which Buffet admits is a blind spot to him, just holding gold investments for the last two decades would have out performed any expertise Buffet has managed to apply.    My lesson from Buffet would be know your own game, you dont have to know every game but make sure you are certain of your own

Stop it. It's really cruel to suppose that a 88 years old guy is just pretending about being unable to comprehend new and sophisticated technologies. It's a fact that our brain's abilities decrease with age.



He was a genius investor in the past, no doubt about that, but right now people(I mean journalists and alike, not his family and friends) should just leave him alone and let him rest. And it's not even about him personally, any of us wouldn't be able to learn new complicated things at his age.

If you dont know who he is what he has been doing, why bother to comment in this thread at all? You guys just cant stop spamming one-liners to get your post counts done. ;D

But to be honest this is how the world works. Like it or not. Bitcoin even does not give power back to the poor. The poor remain poor and the rich remain rich. Because the same rich are the same big time whales of bitcoin as well. The poor people have no chance of getting a tables turned moment. That would never happen. Besides the rich have become rich because of their intelligence at manipulation and creating chaos among others. Thats how they can take the divide and rules methods to conquer the economy. Even though it seems strange but whales are the reason small cap hodlers cant move their coins without getting through losses.

Honestly, Buffet's quotes and advice are all great has common sense on it, but in terms of contribution to humanity on technology and breakthrough he is nothing against Satoshi Nakamoto, you only need to believe, on his works and understand the technology, to reap the great rewards attach to it..

In this case he is a figure in the Stock and several points in providing an understanding of the investment aspects some match with cryptocurrency. That is why even though there are differences in investment aspects, the knowledge is still useful because there are still several important points recommended by the WB.

haha. You have chosen the wrong field. In the crypto market, it is not considered a well-protected market and manipulation always happens. There are many potential businesses but they have the right to use investors' money to do other things but investors still can't do anything about them.
Besides, value investment in crypto market is a mistake. We can only trade to earn profit and hold will definitely make us poor.
At the WB, I learned a lot of his good qualities and his way of thinking about a project. If you are good enough to understand his thinking, you will succeed in the stock market. But not in crypto. :D

People follow Buffett advice because he is successful in what he does and many want to emulate him, however if anyone lost money with his advice or find it to be not good enough then this could simply mean that you need to find your own money making formula, what works for one person is not going to necessarily work for another since many things depend on your personality, most cannot be long term holders because they do not have the necessary patience to keep holding their coins or stocks when the price goes down but that does not mean they do not have what it is necessary to become successful since they could become traders instead and make money that way.

When you listen to what Warren will advice to us, it means so valuable as time goes by. Right now as people applied his principles of not pulling all eggs in one basket, I guess it made a huge difference in all aspects of business as well as bitcoin does for long time. For now, as the learnings and knowledge took place on all people behind crypto, many of us value the importance of saving and spending.

Some of his ideas are really practical and applicable in real life. Like example "“Beware the investment activity that produces applause; the great moves are usually greeted by yawns.” usually we hear great applause when some pyramiding scheme hiding as a multi level marketing plan being presented and those who applause are the one who already earned millions to attract more investors.

Not all but some learn from warren because warren is a wise and smart guy  he knows what he says  however some guys didnt like the attitude of warren  because warren is sometimes too cocky   .  But for me i think i will only listen and learn from those good philosophers that dont hate and bash bitcoin & other cryptocurency   .

People admire Warren Buffett because he has proven himself as one of the richest people in the world, and he gets his wealth by buying troubled stocks, then polishing them into expensive stocks.
All investors learn from Warren Buffett's success and imitate the way of thinking and analyzing stocks. But his opinion about crypto is often a debate because of doubts about crypto.

Warren Buffett’s investments haven't always been successful, but they were well-thought-out and followed value principles. By keeping an eye out for new opportunities and sticking to a consistent strategy, Buffett and the textile company he acquired long ago are considered by many to be one of the most successful investing stories of all time. But you don't have to be a genius "to invest successfully over a lifetime," the man himself claims.

As far as I know that is not his approach, he buys fundamentally solid companies and tries to make them even greater but he does not have a plan to sell his stocks, he does this with the idea of never selling and holding those stocks forever, obviously it does not always works like that but that is his goal, and there are some reasons for it, the most obvious is capital gains taxes, if he were to sell some of the stocks from his companies and he did it with a profit he will need to pay huge taxes and he does not want that.

Warren Buffet made his fortune a few decades back. If he use the same strategy now, then he will end up as a pauper. Buffet have been very hostile to the idea of crypto-currency. Not just that, I have noticed his lack of interest in anything linked to modern innovation. He still want to live in the 1970s and 1980s. And unfortunately a lot of guys still respect him for that.

Because he is one of the proof that anyone can become rich by investments but I don't think he revealed any of his successful strategy to anyone which is the secret thing of his successful career. If you want to be one of the millionaire then you need to work for it and it not need to be smarter and unique, just following others I will not make you Richer.

I will never believe the centralized market pioneer guys while I go to invest or do any decision. These centralized whales never say truth to us and they looking to do the hidden investment on the blockchain business and etc.
That is what Mcafee, Warren, Bill Gates and many people doing many malfunctions in the form of news. Please do not trust such people.

I believe that those books you do read up from Warren Buffet would be just good on traditional investment market which is applicable

but for Crypto? Its also possible but due to volatility differences you would able to tell the difference and also talking to that
Satoshi WP. It isn't really hard to understand truly.

Well, WB's investing is great in crypto currencies but the OP applied it maybe on other assets that is why he lost a lot of money.


Doesn't mean they hate bitcoin, crypto currencies and other things you want you will not be listening to them. WB is a hater of bitcoin but a lot of strategies some people use in this market is his, it is fine that you hate him because of that but don't ignore the things he has done and achieved. He's more knowledgeable, well he is a genius so instead of not listening to him, try to use his strategies, read his books.

but at least we already have insight into the basic foundation for success in the investment market. and at least we will get inspiration that is useful for our lives. we can use volasitas which are high on crypto to get more profit

He is a truly legendary person. But he is a man of his time. It is necessary to understand that times change, and the fact that it worked well before is not a fact that it will work just as well in the future. It is necessary to take into account some of his advice, but it is not necessary to follow everything that he said or wrote. There are many students who excel their teachers precisely because they learn the experience of teachers and supplement it with their ideas and inventions.

Everyone already talked about why and how warren buffet is an important figure in investment world but it is never enough. What he has achieved is something that has never been done before because nobody did it for that long. There have been plenty of good investors in the world but none of them have been as consistent and as legit as Warren Buffet, most of them either used scams or shady business moves or they never got this long.

Dude has been in business for over 50 years now and he still has 20%+ average yearly, of course some years are down years but the average is still over 20% which nobody can really do. He is right about crypto too because he has always said he doesn't invest in business he doesn't understand. Dude is so machine when it comes to investment, his bridge partner is Bill Gates and they have been friends for YEARS now but he declines to invest into Microsoft at all cost too.

A sound strategy will work regardless of the era in which it is tried, a person aspiring to be the new Warren Buffett will invest in companies with the latest technology because he will understand them, Buffett has stated several times that he does not invest in a business he does not understand and to me it makes perfect sense, this makes him look as if he is against new technologies but this is just a limitation of his character and nothing more.

Correct,even he's nor bullish or bearish towards crypto or Bitcoin itself but in terms of investment area then theres no question that he's capable enough into this matter.
He wont able to reach his current position now if he weren't doing something effectively on the market he involves on.

There is no difference who that says and what money earns.The main thing that Warren Buffett is recognizable to people and therefore many listen to his opinion.

He talks as he needs to. He knows he has a big following in the world and that people will be easily influenced by them. So he can use this power for its bad or good effects. He can become bullish when he is selling and bearish when he is buying coins. Or he can just smash away at bitcoin as and when he feels like doing it. Its all a part of his own interest or sponsored by wall street brokers.

He has reached to that level to where people blindly follow him. What people should do is take unbiased advice. Learn from him but dont take his financial advice.

Nobody could ever copy his success but at least his story is inspiring for some ppl

Warren Buffet already prove his method in market and make success from invesment. Its give us good inspiration and i think we can learn from his exprience. Perhaps the market different with crypto but i think can applied in any market his basic investment method

finance market actually has  similarity in how to generate profits.technical or fundamental work in same ways, but there is little difference about crypto and other market.as best investors , warren buffer give us much knowledge.

His story does inspire but people should not take into copying him. He has been someone who is one in a million. Noobody can copy and become someone who is successful after all copy-trades are just like piggy beggars. What people should learn from him is the importance of speculative market analysis fundamentals.

That is what is lacking in many traders and that is why they panic on every small dump or get too excited on every small pump. Moreover people should work on their own understand of crypto and bitcoin whitepaper to make sure they dont fall in the traps of pump and dump altcoins.

Because Warren Buffett is one of the most famous entrepreneurs in the world, he always succeeds in the categories he does. Warren Buffett is considered the most talented investor in the world. So they often use his quotes to cite something. This makes him more admired by people.

Not only him the people who had placed their name in the history is always good inspiration for everyone who wanted to become successful person and they also been like that in very middle situation but how they can know their success into the history is there secrets you need to find it then only we can also successful.

I agree with your point but I would also like to point out that this parasitic mode of living is not having any worth. I would rather like to live on my own name and what I did rather than copying some big so called analyst. Taking an inspiration is a good thing but simply copying them makes you a blood sucking parasite.

Watch how he has manipulated the markets for his own favor. You dont want to associate yourself with such a person would you? Buy coins and trade them - learn from your mistakes and dont listen to what news has to say. Most are nothing but propaganda news and thus worthless.

Warren Buffet got where he is by mostly luck, he would never be able to repeat his results in todays environment.  Now the markets are too efficient for any of those super undervalued companies to fly under the radar.

We can learn more about businesses from big names and their statements really has an impact. Even though Warren Buffet is against Bitcoin and cryptocurrency, still he has his own point that we never understand and that is what makes him what he is right now.

You got really some points on here even though we do see that he's being mainly hated by crypto community due to his negative words to it but
well we do have our own insights but saying opposite things on which most people do thinks positively will really give out bad impression towards you that's
why its non a surprising thing.

He knows what is right for him after all he is one of the most successful wall street traders and you can never really make out what he is doing behind the scenes by manipulating the market. Whether it be Dimon or some other big name we can only speculate that they will be trying to buy the dip that they are going to induce.

I dont think you have properly gone through Buffet's trading analysis. He is an expert in that and he more so depends on his influence to make a move rather than luck. Of course he did become lucky at getting involved at such a young age.