The Latest Breaking News from Charlie Munger

This article was originally published on May 14, 2022.

Bitcoin, the largest cryptocurrency in the world, was created in 2009 during the depths of the great financial crisis. It took a while to gain traction, but it, along with other cryptocurrencies, has since exploded into a major market worth around $1 trillion.

Berkshire Hathway’s (NYSE: BRK.B) Charlie Munger once said, “In my whole life, I have known no wise people who didn’t read all the time.”

If there’s one word that describes Bitcoin and cryptocurrency, it’s volatile. Crypto prices soar and then seem to crash almost as quickly, while rumors, sentiment and fundamental developments are quickly factored into the market. In just a four-day period in early June, Bitcoin fell from $30,500 to about $23,500 —…

Coinbase Global Inc. (NASDAQ: COIN) CEO Brian Armstrong stated his confidence that Bitcoin (CRYPTO: BTC) may become the new global reserve currency for the world.

Value investor and former hedge fund manager Michael Burry revealed what he did when he had a close encounter with the vice-chairman of Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B),&n

Most of what is pushing up prices now won’t be affected by increasing interest rates – but higher rates will wound the bezzle.

If there’s one word that describes Bitcoin and cryptocurrency, it’s volatile. Crypto prices soar and then seem to crash almost as quickly, while rumors, sentiment and fundamental developments are quickly factored into the market. Even seemingly reliable stablecoin TerraUSD has plunged as concerns quickly developed about its solvency, and the…

Cathie Wood-led Ark Investment Management on Thursday scooped up more shares in cryptocurrency-linked companies Robinhood Markets Inc (NASDAQ: HOOD), Coinbase Global Inc (NASDAQ: COIN<

As war broke out in Europe and U.S. inflation soared, Berkshire Hathaway Inc.’s Warren Buffett was doubling down on a tried-and-trusted strategy to navigate the fallout.

After complaining for years that high valuations were thwarting his stock-buying efforts, Warren Buffett’s Berkshire Hathaway Inc. is back hoovering up other companies’ shares.