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Bitcoin vs buffet

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Bitcoin is outperforming Warren Buffet From the beginning of 2019, the Bitcoin price has outperformed the share of Berkshire Hathaway, the famous investment fund of the even more famous Warren Buffet. Is it time for the investment legend to buy Bitcoin? That seems unlikely, as Buffet has hit Bitcoin several times in the past; but also because of his vision on investing. Bitcoin vs Berkshire Hathaway The fact that Bitcoin has outperformed Berkshire Hathaway since the beginning of 2019 is clearly reflected in the data. A $1,000 investment in Bitcoin would currently be worth well over $7,000, while the same investment in Berkshire Hathaway would have yielded just $1,874.

That does not alter the fact that the investment in Berkshire Hathaway also yielded a good return. Which probably feels a lot safer (or more secure) than the erratic Bitcoin to the average investor.

After all, with Berkshire Hathaway you would invest in established names and still get a great return. In that respect, it is mainly a matter of taste and you cannot say that Bitcoin is necessarily the better investment.

Of course, Bitcoin also has to prove itself in the long run and Buffet's Berkshire Hathaway has already done that.

submitted by /u/Snek-Life
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