Berkshire-Hathaway had its annual meeting over the weekend, and it was the usual extravaganza with the highlight being the question and answer session featuring Warren Buffett and Charlie Munger. Buffett followed up with an extensive interview on CNBC on Monday. To save you some time, here’s a summary of the CNBC interview. And here’s a collection of articles on this year’s annual meeting.
At the same time, Buffett again bashed bitcoin, saying the world’s largest cryptocurrency doesn’t produce anything except for more buyers looking to make money by selling to new buyers.
Berkshire Vice Chairman Charlie Munger and Microsoft co-founder Bill Gates, also a Berkshire board member, slammed bitcoin as well. They joined Buffett on CNBC’s “Squawk Box” on Monday morning. Munger called bitcoin “worthless, artificial gold” while Gates said he would “short it if there was an easy way to do it.”