Legendary investor warns about the risks of stock trading while his partner calls cryptocurrencies ‘disgusting’
Warren Buffett warned people not to think investing is an easy way to make a fortune as he answered a variety of questions at the annual meeting of his conglomerate Berkshire Hathaway.
Speaking in Los Angeles, the legendary billionaire investor said it could be tough to pick the long-term winners. He pointed out that in 1903 there were more than 2,000 car companies, and nearly all of them failed, even though cars have transformed the country since then.
