One of the more interesting questions floating around on the Internet right now is, “Does Warren Buffet invest in Bitcoin?”. Of course you can go on with this one. It seems like it would be a very popular question to answer. But, really, it’s not that important, because I am sure that most people are not even aware of where he invested in this precious new currency.
In fact, I would guess that even people who know about Warren’s financial strategies have no clue at all that he invested in the first place. I remember when he said that he would put his money in the stock market, he didn’t say that he would invest in Microsoft or Apple, or some other well known company. He simply said that he would invest in “the money market” as an investment strategy.
In the same way, it wouldn’t make any difference if you ask people if they would invest in Warren’s iPhone or his car. There are going to be some people who will say yes and there will be others who will say no. You can bet that he is not going to be among the group of people saying yes. You might as well make them all millionaires instead of getting rich on just a few hundred dollars.
If you want to know whether or not Warren is really investing in a particular currency, then you should look at how he invests in other currencies. For example, when he buys a dollar worth of gold, is it for him to get more gold than he needs? Or is it for security in case of a crisis? Is it purely an investment for personal wealth or is it something else? We’ll never really know the answer to that one.
If you are one of those who are interested in learning about what he does and doesn’t do, then it would probably be a good idea for you to search the Internet for articles written about this question. It would also be a good idea if you read up on some books on the subject as well. Then again, you shouldn’t necessarily base your knowledge on the information you find online.
Remember that investing in currency doesn’t have to be an easy way out, especially if you don’t have a lot of knowledge of how the world works, and you should always remember that you are looking for real, practical information not for those stock market gurus who will tell you that you can become rich quick by trading in a currency you don’t really understand. Understand?