He told the journalists: "As an asset class, you're not producing anything and so you shouldn't expect it to go up".
Walmart to acquire 73% in Flipkart at $20 Billion Valuation? If the deal with Walmart goes through, it would provide Flipkart with more arsenal to go up against Amazon in the Indian market. The newspaper report that Walmart wants Group CEO Binny Bansal and Krishnamurthy to have more crucial rules in the company.
He classified this kind of investment as a "greater fool theory" investment. And though the price of Bitcoin has gone down considerably since then, many people are still of the mind that cryptocurrency represents the wave of the future.
"I'm delighted to see them repurchasing shares", Buffett said, just two days after he revealed having bought 75 million additional Apple shares, and four days after Apple said it may repurchase $100 billion of stock.
Bill Gates has now jumped on the same bandwagon, referring to them as "crazier, speculative things". He elaborated that he was gifted some bitcoin for his birthday, but sold it a couple of years later.
Bill Gates concluded that the underlying blockchain technology is very important, but cryptocurrencies themselves are worthless. "You can short #XBT, the @CBOEBitcoin (USD) Futures contract, and put your money where your mouth is!" After a long list of negative criticisms leveled at the number cryptocurrency by Buffet, this is the latest. In response to an audience question, he also said that bitcoin and other forms of cryptocurrency "will come to bad endings". Being an absolute anti-fan of investing into cryptocurrencies, he said that Bitcoin is "probably rat poison squared". Munger also believes that the United States ought to emulate China in banning cryptos completely. This is still good news for Bitcoin investors as this price is still an approximate 25% gain over the past month.
Swansea may well have been level five minutes before the break but Jordan Ayew couldn't covert brother Andre's ball into his path. They actually looked the more likely to score late on, and they nearly did.
The Los Angeles Times reports that Trump referenced the attack as proof that gun control does not control bad people. Donald Trump gestures after speaking at a National Rifle Association (NRA) convention in Dallas.
On the price front, input price inflation softened in April, while firms raised their selling prices at an accelerated pace. All of the nations covered registered an increase in charges, with the steepest seen in Germany and the weakest in Greece.
Moats , a competitive buffer between one's business and the rest of the competition, have historically been used by Warren Buffet. Musk launched The Boring Company in 2016 to alleviate traffic jams with a system of high-speed underground shortcuts.
And throughout her ordeal, the youngster has been cheered by listening to her favourite songs by the "Shake It Off" hitmaker. I knew it meant a lot to Isabella'. 'We have so much respect for them and how they raised her'.
Fitbit is serious about making it easier for doctors and medical professionals to access important health data. The wearable fitness tracking device has always been associated with tracking fitness and physical activity.
Internationally, the film earned an estimated $162.6 million this weekend, making for a current foreign total of $713.3 million. The Avengers ($1.52 billion) now holds the record for the biggest global total for a superhero film.
Mr Watson said the party was taking action to tackle the problem, but acknowledged that more needed to be done. Votes in the local elections equated to a 35 per cent share for both Labour and the Conservatives .
Supporters of the legislation, however, are hopeful the measure can be a catalysis for change in the abortion debate. Ohio GOP legislators in March mounted a challenge to Roe by passing a law that would criminalize abortion care.
He pointed out that the Congress and the JD (S) have been in an alliance as they were ruling the BBMP in Bengaluru . Earlier on Friday, BJP's Chief Ministerial candidate B.S.Yedyurappa released the BJP manifesto in Bengaluru .
The footage reveals the chaos and confusion the Las Vegas police encountered as they searched for the position of the shooter. As they move forward, they're heard identifying a camera, spotting a rifle, and saying they're going to check under the bed.
Rick Scott has a message for President Donald Trump: the United States needs to junk the 2015 Iran nuclear deal. Signatories, the five members of the UN Security Council and Germany, all strenuously support the agreement.
The first results show the UKIP vote going to the Tories with them making gains while Labour have made losses outside of London. And there was anger in areas trialling controversial ID cards, with some people saying they were unable to cast their ballot.
The latest crash of the Waymo self-driving vehicle is a reminder that the autonomous technology is still in its early stage. In a statement, Chandler Police said that a Honda sedan swerved from its lane to avoid a collision with another vehicle .
Dallas' coaching position was left vacant after Ken Hitchcock retired following 22 National Hockey League seasons. AVALANCHE: Colorado signed goaltender Pavel Francouz of the Czech Republic to a one-year deal.
The letter, penned in 2015, has drawn sharp criticism for painting the president's health in allegedly unmerited glowing terms. Actually, his blood pressure, 110/65, and laboratory test results were astonishingly excellent.
The Official Draw for the AFC Asian Cup was held at the Armani Hotel Ballroom of the Burj Khalifa, at Dubai on 4th May 2018. The other 12 qualified teams were placed in the remaining two pots, on the basis of their AFC and FIFA Rankings.
Stoke City started slowly but grew into the game and were close to getting the lead through Mame Biram Diouf's glanced header. West Brom will join the Potters in the Championship next season if they fail to beat Tottenham this afternoon.
He too has had an exciting week and is happy to finally have the draft process behind him and is ready to start playing football. According to a projection from ESPN, Mayfield's four-year deal will be worth about $32.5 million guaranteed.
There are 1,07,288 registered candidates in Tamilnadu who would appear for the test in 170 centres across the State. The state has arranged special KSRTC services to facilitate the smooth conduct of the examination.
Around ten people were taken to hospital, with Hatzola medical volunteers treating "multiple patients" at the scene. The Metropolitan Police said there had been no reports of serious injuries or any criminal allegations.
However, she struck a note of caution saying, " Freedom of the press , like any other freedom, is never completely secure". On World Press Day, South Africa ranks third among Africa nations on the media freedom barometer.
He said that at Trump's direction, he spoke with Kim about the release of three USA citizens detained by North Korea. As to the channel's information, these states are included in the short list of possible sites for their meeting.
Last week Trump issued a veiled threat against nations that may align in voting blocs against the North American bid. The North American bid boasts large stadiums and excellent infrastructure but is no certainty to win the June vote.