Nor do I like just shoveling out a few extra billions and billions of dollars to somebody who just invented a new financial product out of thin air.
“We probably got hundreds of thousand of people watching that own bitcoin, and we probably have two people that are short.
which is notoriously volatile, has rallied over the past year, topping $60,000 for the first time in March before a pullback that took it briefly below $50,000 earlier this month.
Many of the questions were specific to Berkshire, with Buffett pushing back against criticism of the company’s sale of its stakes in airlines during the height of the pandemic.
Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C.