pull down to refresh
45 sats \ 11 replies \ @grayruby 3 May \ parent \ on: Warren Buffets shocks with announcement to retire this year news
Abel will do a good job. He has been grooming him for years. Abel coming from the energy side might be a bit less antagonistic towards Bitcoin. Not saying they will buy it but maybe stop calling it rat poison.
It’s hard to argue against the genius that is Buffet, but he definitely got Bitcoin wrong. To be fair, he was mostly a value stock guy, so I think Bitcoin was a little out there for him.
reply
How is this guy a genius? What products did he create?
reply
reply
Deep domain expertise, curiosity, and impact.
Genius isn’t limited to product creation.
reply
And it’s more than just amassing wealth
reply
That’s his domain expertise though, and he was one of the best ever.
reply
Best ever? Or just longevity?
reply
One of the best ever. I think it’s hard to say anyone is the best ever since investing has been around as long as time. The trend for much of the post 1980s was to invest small cap growth and he bucked the trend by going large cap value, and it worked.
reply
But what did he invent in?