(June 26, 2018) JPMorgan Chase CEO Jamie Dimon joined #Berkshire Hathaway Chairman Warren Buffett for a CNBC interview on their call for companies to stop issuing short-term earnings forecasts. While noting a few months before that blockchain technology could be useful, Dimon had called bitcoin a “fraud,” a comment he later said he regretted. On... Continue Reading →
(June 6, 2018) Warren Buffett and JPMorgan Chase CEO Jamie Dimon call for companies to stop issuing short-term earnings forecasts because pressure to them often leads to dangerous actions that can hurt a company’s long-term health. In this taped interview for “Squawk Box” that aired on June 7, they also reveal that a CEO has... Continue Reading →
(May 7, 2018) Two days later, Buffett was on “Squawk Box” comparing bitcoin to another “non-productive” asset he’s been very critical of over the years: gold.
(May 5, 2018) When Charlie Munger and Bill Gates join the May 5 “Squawk Box” conversation, bitcoin comes up again. While admitting it’s “clever computer science,” Munger argues cryptocurrencies are “worthless artificial gold” that facilitates “illicit activity.” Gates acknowledges the underlying blockchain technology is a “good thing,” but thinks the price gains are being driven... Continue Reading →
(May 5, 2018) A few minutes later in the same “Squawk Box” interview, Buffett explained why he thinks some proponents get angry when cryptocurrencies are criticized.
(January 10, 2018) Late in 2017, bitcoin topped out a spectacular year-long rally by hitting almost $18,000 on December 15. It then fell sharply from that high. On “Squawk Box” a few weeks later, Buffett was still staying far away from cryptocurrencies.
(October 3, 2017) On the morning Berkshire Hathaway’s deal to buy Pilot Flying J is announced, Warren Buffett and Jimmy Haslam, the truck stop operator’s CEO, appear live on CNBC’s “Squawk Box” to explain how the companies got together. Buffett also covers the high-flying stock market and his reaction to the Wells Fargo scandal.
(August 30, 2017) In a live interview on CNBC’s “Squawk on the Street,” Warren Buffett concedes he made a mistake when he bought IBM, explains why he thinks Apple is different, predicts Berkshire will keep its Bank of America stock for a “long, long time,” and declines to criticize President Trump.
(May 5, 2014) A few days later, Buffett was back on “Squawk Box,” appearing with Quicken Loans Founder and Chairman Dan Gilbert to promote an NCAA basketball tournament bracket contest they were sponsoring. Gilbert asked Berkshire Hathaway Chairman Warren Buffett about bitcoin.
(May 3, 2014) The following year, Berkshire Hathaway Chairman Warren Buffett still doesn’t see a long-term future for bitcoin. Appearing on CNBC’s “Squawk Box” in March, he says he wouldn’t be surprised if it doesn’t exist after 10 or 20 years. Around that time, the price of one bitcoin ranged between $450 and $700.
(May 4, 2013) A few minutes later in the same “Squawk Box” interview, Berkshire Hathaway CEO Warren Buffett explained why he thinks some proponents get angry when cryptocurrencies are criticized. As far back as the 2013 annual meeting, Warren Buffett and Charlie Munger have their doubts that the then four-year-old digital currency bitcoin would ever... Continue Reading →