Warren Doesn’t Know What He Is Talking About

Berkshire Hathaway’s annual meeting is coming up and it’s a big thing. Classrooms and hotel meeting rooms around Omaha fill up with investors to learn more about the trading philosophies of Warren Buffett before the main event.

In a comment made ahead of Berkshire Hathaway’s annual meeting, Warren Buffett had this to say about Bitcoin:

“It’s a gambling device… there’s been a lot of frauds connected with it. There’s been disappearances, so there’s a lot lost on it. Bitcoin hasn’t produced anything,” Buffett told a group of reporters ahead of Berkshire Hathaway’s annual meeting at the CHI Health Center in

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