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Warren Buffett just invested $1B in a crypto-friendly bank
- g42gregory 5y agoI think this will put dumper on me listening to Buffet’s musings about the market ever again. Apparently, he was just kidding when bashing cryptocurrency.
- errantmind 5y agoI take the opposite view. I respect that he is willing to change his opinions.
- hbcondo714 5y agoThe bank is Nubank based in Brazil but publicly traded in the United States under ticker NU[1] Although it is one billion, it still only makes up less than 1% of Berkshire's total portfolio[2] [1] https://www.nasdaq.com/market-activity/stocks/nu https://www.nasdaq.com/market-activity/stocks/nu [2] https://last10k.com/sec-filings/brka/0000950123-22-002973.htm https://last10k.com/sec-filings/brka/0000950123-22-002973.ht...