Warren Buffett has missed many investment opportunities in the past, especially in the tech sector. He is also a harsh critic of Bitcoin, which is probably a consequence of not being able to understand the technology.

Buffett’s “Berkshire Hathaway” reported a $50 billion Q1 loss.

Consequently, Max Keiser tweeted that Buffett “killed his reputation by being stupid about BTC.”

Now that Buffett is out of the game and stock buybacks are rightly being called out as fraudulent, investors will ask… If Buffett was dead wrong about so much, was he also wrong about #Bitcoin and Gold?

ANSWER:

YES.

Buffett killed his reputation by being stupid about BTC

— Max Keiser (@realmaxkeiser) May 3, 2020

“Now that Buffett is out of the game and stock buybacks are rightly being called out as fraudulent, investors will ask… If Buffett was dead wrong about so much, was he also wrong about #Bitcoin and Gold? ANSWER: YES. Buffett killed his reputation by being stupid about BTC.”