Bitcoin crossed a record high of $60,000 on Saturday morning, continuing its rally as major companies and financial institutions adopt cryptocurrencies.
Bitcoin, the world’s biggest cryptocurrency, was at $60,415.34 as of 7:25 a.m. ET, according to Coinbase, recovering from a dip at the end of February that followed a previous record high that month.
The digital currency is up 963% over the last 12 months, according to Coinbase. Its value surpassed $1 trillion last week for the second time this year. Read more…..
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Icarus TV
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.