Warren Buffett Warned Us About Bitcoin in 2011
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Description
In his 2011 letter to Berkshire Hathaway shareholders, Warren Buffett described the three different types of assets—and warned against investing in assets like Bitcoin, whose value has plunged 27% this week alone. I share the lessons from this letter that help provide clarity to this week's cryptocurrency crash. If you enjoy the episode, please follow the podcast and share it with a friend.
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Nick Maggiulli is the Chief Operating Officer at Ritholtz Wealth Management and author of the popular investing book Just Keep Buying: Proven ways to save money and build your wealth. If you enjoy this episode, buy Nick's book on Amazon and follow CMQ Investing for free. 
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