Warren Buffett just invested $1B in a crypto-friendly bank (fortune.com) 9 points by garren 4y ago ↗ HN
[–] g42gregory 4y ago ↗ I think this will put dumper on me listening to Buffet’s musings about the market ever again. Apparently, he was just kidding when bashing cryptocurrency. [–] errantmind 4y ago ↗ I take the opposite view. I respect that he is willing to change his opinions.
[–] errantmind 4y ago ↗ I take the opposite view. I respect that he is willing to change his opinions.
[–] hbcondo714 4y ago ↗ The bank is Nubank based in Brazil but publicly traded in the United States under ticker NU[1]Although it is one billion, it still only makes up less than 1% of Berkshire's total portfolio[2][1] https://www.nasdaq.com/market-activity/stocks/nu[2] https://last10k.com/sec-filings/brka/0000950123-22-002973.ht...
3 comments
[ 2.8 ms ] story [ 15.0 ms ] threadAlthough it is one billion, it still only makes up less than 1% of Berkshire's total portfolio[2]
[1] https://www.nasdaq.com/market-activity/stocks/nu
[2] https://last10k.com/sec-filings/brka/0000950123-22-002973.ht...