| Editor’s Note: We are dedicated to provide readers like you with unique opportunities. The message below from one of our business associates is one we believe you should take a serious look at.
There's no denying Warren Buffett's legendary track record. But he's hardly perfect. For example, instead of buying companies like Amazon and Apple in the wake of the tech collapse, he bad-mouthed technology stocks and continued to stay away from the sector for more than a decade. Today, he owns both Amazon and Apple. In fact, the latter is his biggest single stock position! Based on my calculations, Buffett's failure to act sooner cost him as much as $765 billion in extra profits … just on his original investment in Apple alone. Instead of gains as high as 76,601%, he had to settle for a maximum of just 730%. Or put another way, he would have made more than 100 times more money if only he hadn't been so stubbornly opposed to technology. Which brings up an important question: What are the odds that Buffett is making the same mistake with crypto right now? After all, he continues to rail against the entire crypto market, just as he did with technology stocks 20 years ago — making many of the exact same arguments. And to be sure, there are plenty of bad crypto investments right now just as there were plenty of bad tech investments back then. But there are plenty of reasons to believe at least some cryptos will not only survive but thrive in the years to come. So, is it possible that Buffett — or at least his successors at Berkshire Hathaway — will ultimately end up buying some Bitcoin years from now? And what might the price be by then? Click here to get unbiased answers and a whole lot more. Best wishes,
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Monday, June 5, 2023
Warren Buffett was wrong about Amazon and Apple. And he’s wrong about crypto …
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