Warren Buffett, who earlier this month said he wouldn’t own bitcoin because he doesn’t consider it a store of value or reliable means of exchange, again dismissed bitcoin on Friday.
The BYD sales number for August tops that of July which came in at 50,492.
Berkshire Hathaway has made a big bet on a market recovery in most of its recent investments.
Together with those in the prestigious $100 billion clubs, America’s ultrarich have been dragged out for being shielded by the law for not paying their fair share of taxes.
Warren Buffett has pledged to donate $ 4.1 billion worth of Berkshire Hathaway (NYSE: BRK.A) shares to five separate foundations. Buffett has also submitted his resignation from the Gates foundation.
The news about investing in Nubank comes as a surprise due to Warren Buffett’s known reservations against and aversion to Bitcoin and crypto in general.
The documents containing the tax records might have been obtained illegally and officials are investigating the matter.
Bernard Arnault has been in the limelight for the best part of the last 5 years when his name has been amongst those of the wealthiest people on earth.
Carl was once a crypto cynic. During an interview with CNBC back in February 2018, he believed crypto to be ridiculous and mentioned that he would not invest in them.
BYD was set up in 2003 and caught American billionaire Warren Buffett’s eye in 2008. Through Berkshire Hathaway, he reportedly has a 25% stake in the Hong Kong-listed company.
The Twitter hacker was tried and sentenced as a “Youthful Offender,” as he was yet to turn 18 when the hack was perpetrated. This helped him to avoid a minimum 10-year sentence that would have followed if he’d been convicted as an adult.
