Bitcoin crossed a record high of $60,000 on Saturday morning, continuing its rally as major companies and financial institutions adopt cryptocurrencies.
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In this Video Buffett explains his way of reading the annual reports. His emphasis is on not making the investment decisions too complicated. He mentions his decision of buying Petro-China. Charlie Munger insists that their Due Diligence expense is low because they don’t have to pay accountants big sums of money to come up with investments decisions.