#adoption #buffet
Buffet: “buy Bitcoin” soon…
Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil
Nubank said Wednesday it will launch the token, called Nucoin, in the first half of 2023.
Nubank said it would invite 2,000 customers to take part in a forum group for guiding the development of Nucoin.
The new token offering comes against a bleak backdrop for cryptocurrencies, with bitcoin and other major digital assets down over 50% year-to-date.
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#MATIC
Nubank Taps Polygon Supernets for Nucoin Token Launch & Loyalty Program
• CNBC | MATIC
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🪆Перевод
Buffet: “buy Bitcoin” soon…
Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil
Nubank said Wednesday it will launch the token, called Nucoin, in the first half of 2023.
Nubank said it would invite 2,000 customers to take part in a forum group for guiding the development of Nucoin.
The new token offering comes against a bleak backdrop for cryptocurrencies, with bitcoin and other major digital assets down over 50% year-to-date.
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#MATIC
Nubank Taps Polygon Supernets for Nucoin Token Launch & Loyalty Program
• CNBC | MATIC
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🪆Перевод
#BRK #Buffet
Some excerpts from Berksihre Hathaway's annual letter…
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Charlie Munger – The Architect of Berkshire Hathaway
Charlie, in 1965, advised me: “Warren, forget about ever buying another company like Berkshire. But now that you control Berkshire, add to it wonderful businesses purchased at fair prices and give up buying fair businesses at wonderful prices. In other words, abandon everything you learned from your hero, Ben Graham. It works but only when practiced at small scale.”
Charlie never sought to take credit for his role as creator but instead let me take the bows and receive the accolades. In a way his relationship with me was part older brother, part loving father. Even when he knew he was right, he gave me the reins, and when I blundered he never – never – reminded me of my mistake.
——
Our goal at Berkshire is simple: We want to own either all or a portion of businesses that enjoy good economics that are fundamental and enduring. Within capitalism, some businesses will flourish for a very long time while others will prove to be sinkholes. It’s harder than you would think to predict which will be the winners and losers. And those who tell you they know the answer are usually either self-delusional or snake-oil salesmen.
——
The stock market is massively larger than it was in our early years, today’s active participants are neither more emotionally stable nor better taught than when I was in school. For whatever reasons, markets now exhibit far more casino-like behavior than they did when I was young. The casino now resides in many homes and daily tempts the occupants.
One fact of financial life should never be forgotten. Wall Street – to use the term in its figurative sense – would like its customers to make money, but what truly causes its denizens’ juices to flow is feverish activity. At such times, whatever foolishness can be marketed will be vigorously marketed – not by everyone but always by someone.
Occasionally, the scene turns ugly. The politicians then become enraged; the most flagrant perpetrators of misdeeds slip away, rich and unpunished; and your friend next door becomes bewildered, poorer and sometimes vengeful. Money, he learns, has trumped morality.
One investment rule at Berkshire has not and will not change: Never risk permanent loss of capital. Thanks to the American tailwind and the power of compound interest, the arena in which we operate has been – and will be – rewarding if you make a couple of good decisions during a lifetime and avoid serious mistakes.
• BRK
——
🪆Перевод
Some excerpts from Berksihre Hathaway's annual letter…
——
Charlie Munger – The Architect of Berkshire Hathaway
Charlie, in 1965, advised me: “Warren, forget about ever buying another company like Berkshire. But now that you control Berkshire, add to it wonderful businesses purchased at fair prices and give up buying fair businesses at wonderful prices. In other words, abandon everything you learned from your hero, Ben Graham. It works but only when practiced at small scale.”
Charlie never sought to take credit for his role as creator but instead let me take the bows and receive the accolades. In a way his relationship with me was part older brother, part loving father. Even when he knew he was right, he gave me the reins, and when I blundered he never – never – reminded me of my mistake.
——
Our goal at Berkshire is simple: We want to own either all or a portion of businesses that enjoy good economics that are fundamental and enduring. Within capitalism, some businesses will flourish for a very long time while others will prove to be sinkholes. It’s harder than you would think to predict which will be the winners and losers. And those who tell you they know the answer are usually either self-delusional or snake-oil salesmen.
——
The stock market is massively larger than it was in our early years, today’s active participants are neither more emotionally stable nor better taught than when I was in school. For whatever reasons, markets now exhibit far more casino-like behavior than they did when I was young. The casino now resides in many homes and daily tempts the occupants.
One fact of financial life should never be forgotten. Wall Street – to use the term in its figurative sense – would like its customers to make money, but what truly causes its denizens’ juices to flow is feverish activity. At such times, whatever foolishness can be marketed will be vigorously marketed – not by everyone but always by someone.
Occasionally, the scene turns ugly. The politicians then become enraged; the most flagrant perpetrators of misdeeds slip away, rich and unpunished; and your friend next door becomes bewildered, poorer and sometimes vengeful. Money, he learns, has trumped morality.
One investment rule at Berkshire has not and will not change: Never risk permanent loss of capital. Thanks to the American tailwind and the power of compound interest, the arena in which we operate has been – and will be – rewarding if you make a couple of good decisions during a lifetime and avoid serious mistakes.
• BRK
——
🪆Перевод
#BRK #Buffet #AAPL | Source
Warren Buffett’s Berkshire Hathaway sold nearly half (49%) its stake in Apple
Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
The Omaha-based conglomerate’s cash hoard jumped significantly higher from the previous record of $189 billion, set in the first quarter of 2024.
Berkshire has been a seller of stocks for seven quarters straight, but that selling accelerated in the last period with Buffett shedding more than $75 billion in equities in the second quarter. That brings the total of stocks sold in the first half of 2024 to more than $90 billion.
Buffett, who turns 94 at the end of the month, confessed at Berkshire’s annual meeting in May that he is willing to deploy capital, but high prices give him pause.
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🪆Перевод | 🏇 Join the Pro
Warren Buffett’s Berkshire Hathaway sold nearly half (49%) its stake in Apple
Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
The Omaha-based conglomerate’s cash hoard jumped significantly higher from the previous record of $189 billion, set in the first quarter of 2024.
Berkshire has been a seller of stocks for seven quarters straight, but that selling accelerated in the last period with Buffett shedding more than $75 billion in equities in the second quarter. That brings the total of stocks sold in the first half of 2024 to more than $90 billion.
Buffett, who turns 94 at the end of the month, confessed at Berkshire’s annual meeting in May that he is willing to deploy capital, but high prices give him pause.
——
🪆Перевод | 🏇 Join the Pro
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#BRK #1T #Buffet
BERKSHIRE HATHAWAY TOPS $1 TRILLION IN VALUE FOR FIRST TIME
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🪆Перевод | 🏇 Join the Pro
BERKSHIRE HATHAWAY TOPS $1 TRILLION IN VALUE FOR FIRST TIME
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🪆Перевод | 🏇 Join the Pro
Newsmaker.сlub
#BRK #Buffet #AAPL | Source Warren Buffett’s Berkshire Hathaway sold nearly half (49%) its stake in Apple Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings The Omaha-based conglomerate’s cash hoard jumped significantly…
#BRK #Buffet #AAPL | Source
Berkshire Sold 25% of Its Apple Stock in the Third Quarter
The 25% reduction in its stake follows a nearly 50% cut in the second quarter.
In total, the stake is down 67.2% from the end of the third quarter last year.
Berkshire's cash hoard reached $325.2 billion in the third quarter, an all-time high for the conglomerate. The firm paused buybacks completely during the quarter.
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🪆Перевод
Berkshire Sold 25% of Its Apple Stock in the Third Quarter
The 25% reduction in its stake follows a nearly 50% cut in the second quarter.
In total, the stake is down 67.2% from the end of the third quarter last year.
Berkshire's cash hoard reached $325.2 billion in the third quarter, an all-time high for the conglomerate. The firm paused buybacks completely during the quarter.
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🪆Перевод