Warren Buffett is a ‘fraud & charlatan,’ bitcoin is the future – Max Keiser.
Warren Buffett’s annual letter to shareholders is proof that the investment titan is a “fraud and a charlatan,” renegade broadcaster Max Keiser has said. But Buffett’s loss may be bitcoin’s gain. Buffett’s letter, issued yearly to shareholders of his firm Berkshire Hathaway, “exposes” the kingpin as “an unmitigated fraud and charlatan reliant entirely on taxpayer bailouts and accounting tricks,” Keiser exclaimed on Saturday.
“Buffett’s frauds are innumerable and date back decades,” Keiser told RT, citing Buffett’s failure to rein in years of corporate malpractice at Wells Fargo, partly owned by Berkshire Hathaway.
His letter also revealed that Berkshire Hathaway began buying back stock in its own companies last year. Buybacks allow a company to inflate its own stock price, and are generally seen as a sign a company’s stock is undervalued. Buybacks were illegal and considered a form of market manipulation until the Securities and Exchange Commission gave the practice the green light in the early 1980s.
Wait a minute.... Berkshire Hathaway partly owns Wells Fargo? Like how much exactly??
Did you know that payment processors like Stripe are actually a third-party for Wells Fargo payment acquisitions? Meaning, all of those times Stripe 'dropped' right-wing people means it was coming from Wells Fargo directly
Juan Howard
A huge amount, like 10% of the bank.
Warren Buffet has been taken to the cleaners in the past few months. He owned a huge amount of Apple (like 25% of his portfolio), Wells Fargo, Kraft Heinz, all of which have taken huge losses. The only stock he owns which has seen gains recently is Coca-Cola which is such an obvious money making stock that any brainlet can pick it. Literally all you have to do is go to a food court and see that more than 50% of people are ordering coca-cola to know that the company will be worth more in 6 months than it is today.
Austin Green
The Oracle
Eli Baker
>a fraud The man came from an average middle class family and became one of the richest men in the world from making smart investments. He might not be as sharp as he used to be when he was young but you can't say that what he achieved isn't an accomplishment in and of itself.
Logan Miller
Stacy, post feet.
James Anderson
>RT I want to believe, but what's really going to happen? He's going to get fined and he'll continue the other 20 shady business practices he was doing.
Grayson Thompson
>The man came from an average middle class family And that automatically excludes him from being a fraud, right?
Owen Ramirez
The fact that he amassed billions from the same starting point as many people certainly does. How many people do you know that are billionaires that started from little to nothing?
Luke Edwards
his father was a senator dumb fucks
Connor Nelson
Berkshire Hathaway has $213 billion in cash. \thread
Landon Brooks
Fishy cash. Smells like a fraud money.
Zachary Ross
Soros is unironically a much more savvy and learned trader/investor. Buffet has more or less bootstrapped modern Americana in a way, and he is a sophisticated investor but much of it is dumb luck.
Jordan Lopez
You'd need a huge place to hold that amount of physical cash, even in 100's or 1000's bills.
Nathan Watson
He plays a game and if he had scruples he would lose.
Jacob Morgan
>Literally all you have to do is go to a food court and see that more than 50% of people are ordering coca-cola to know that the company will be worth more in 6 months than it is today.
>be gates >richest man in world >convinced by warren to sell microsoft stocks and invest in berk >microsoft now biggest company in the world >bill could have been worth 200b kek
Ryder Ross
>Then the future’s about to be short as fuck Future of prosperity in America, yes it is going to be short. USA is going down...
Josiah Green
Is this how they're going to outlaw bitcon? Who cares, but still... pretty retarded.
Isaiah Walker
u retards realize that trump gave corporations a tax cut so they could do trillions in buybacks right
>all the world's solar panels combined Good thing Solar is one of the worst, least efficient forms of """"""Green"""""" energy and we don't rely entirely on them, then.
Give it another 15-20 years when they find something better than Li-ion technology for storage, propane and natural gas is way more efficient and cheaper for running your appliances.
Brayden Carter
>Good thing Solar is one of the worst, least efficient forms of """"""Green"""""" energy How so?
Nicholas Rogers
his message was brought to you by the fossil fuel industry
All Green Energy solutions are a fucking scam besides Thermal and Hydro, and they'll never sustain the world's electric needs. Meanwhile, Fossil Fuels aren't going to last forever.
The only solution is increased investment in Nuclear solutions, but 90% of the world are fucking retards who don't understand that, on both sides of the political spectrum.
Logan Jenkins
Initial investment
Joshua Harris
>All Green Energy solutions are a fucking scam Yes, especially solar energy. The fuckers steal solar particles from the sun and the sun can not shine anymore as before. Especially at night. Yet stupid people believe that solar energy is legit.
Austin Hill
Not for long kid, I'll find ya
Ryan Lewis
Oh, that's terrible. Thank God that they didn't have to build the Sun. That would make solar energy so very expensive.
Anthony Green
How could they ever afford all that storage space.
Ryan Reed
Nuclear >Because three mile island, Chernobyl and fukashima not a real thing >Easy to recycle nuclear waste
Hunter Evans
They barely supply any energy in anywhere that isn't a desert, look up how much places like Germany spent on their Solar Panel initiatives, and yet the majority of their electricity still comes from coal and natural gas. They are also made of fairly inefficient-to-work materials, not to mention the batteries that end up putting out as much toxic bullshit into the air in Chinese factories as they save.
Being a strawmanning dipshit doesn't make solar a real solution to anything.
Jeremiah Ramirez
get some new material faggot
Daniel Bennett
Oh wow, 3 nuclear incidents in 70 years since Nuclear Power has been a thing, one of which was built by Russian Communists and badly maintained, the other was hit with a fucking Tsunami. Damn, I guess it's time to completely end all progress on Nuclear Energy solutions forever, despite being leagues better in terms of production than any green energy, and infinitely more sustainable than fossil fuels.
Let's just stop all funding so we can never figure out things like Thorium Refining and other tech that will make it safer.
>t. Every mentally deficient retard that hates muh radiations
Christopher Morgan
>he does it for free
Isaac Butler
I shorted Berkshire Hathaway AMA
Lucas Thomas
nuclear is literally the most efficient tech so far
Hudson Clark
Shill harder
Angel Diaz
And what do you do with spent fuel radiation waste? Trouble with nuclear is when it goes wrong it's a disaster. Chernobyl is still uninhabitable. Japan is still leaking radiation. Gfys
Justin Ramirez
Brainlets want to power modern civilization on windmills that cost more energy to make and maintain than you will get out of their lifespan. This is "green."
Sebastian Wright
You deal with it like we have been for 70 years. The fucking ISSUE is softbrains like you treat it like it's the devil. If we had more investment, solutions like Thorium Refining would produce far less difficult to deal with waste.
Another softbrain move is retards like you causing legislation that prevents nuclear plants in the US from using re-refined fuel, so stuff that could be recycled is forced into drums left in dump sites. Nearly every issue with Nuclear power is caused by the lack of funding caused by unwarranted demonization by fucking flatheads like you.
Jackson Lopez
WF is run by a Jew.
Matthew Torres
Eat a dick. You don't have any idea what's going on Generation worthless
Jayden Ross
Patently false, he's a front man for an ongoing insider trading scheme which is falling apart under the first real economy we've had in decades.
Jason Rogers
...
Leo Hernandez
>Being so retarded you think you can reuse nuclear waste. If it was possible they wouldn't be hurting it in New Mexico.
Christopher Rodriguez
t. boomer who unironically clings to the notion he saved the world with his fee-fee based anti nuclear protests while all he did was smoke pot and smell bad
Ian White
When you include the logo in the screen cap every time it gets incredibly obvious.
Isaac Allen
What's your solution then? Solar is not efficient enough. Windmills are laughable. How would you power civilization? Go back to pre-industrial peasant life and use horses?
Liam Ortiz
>If it was possible they wouldn't be hurting it in New Mexico. It is possible, but they aren't allowed to used re-refined fuel in US reactors. It's called MOX fuel, but "Reprocessing of spent commercial-reactor nuclear fuel is not permitted in the United States due to nonproliferation considerations."
Joshua Howard
I'm watching you guys fall for propaganda in real time, this shit is so surreal.
Brayden Roberts
D. You have to *ACTUALLY TRY YOUR BEST* to repent of sin.
If you "repent" but don't really mean it, ie, you don't believe and practice Christian behavior and thought, you're not going to even fool yourself or your family let alone God.
You can't just snap your fingers and say "LOL Jesus is lord, pass me another baby to rape while I charge interest on a loan" and expect to be saved.
Brayden Davis
>implying it makes facts any less factual
you don't fool anyone except yourself
Kevin Collins
You could build a titanium wall with that amount of cash.
Thomas Barnes
fake news is fake news because they often aren't news but rather opinions.
you can shout your memes all you like it won't save you anymore, people are aware.
>Warren Buffett from the same place as the Franklin scandal, used to live with his wife and the woman she chose as his mistress until his wife died. After his died he married his mistress.
All normal, nothing to see here...
Connor Sanchez
No answer, eh? Also, that's not an energy producing device, that's a toy.
Ask your oil industry. I don't see Denmark leading the way on anything. Get back to us when you've been to the moon.
Gabriel Diaz
So that's you answer? Keep running it all on oil? What does the fucking moon have to do with anything, are you ok?
Jacob Lopez
I don't hear any brilliant ideas coming from you. "Please America invent something because the rest of the world is too goddamn dumb" Tv Smartphone Computers, Etc. What have you snoniggers ever accomplished? Nuclear isn't safe.
Has there ever been a nuclear accident in a white society? No. Nuclear is completely safe and the only option. Your boomer murricaing has no bearing on the discussion so take your pills and go to sleep.
Wyatt Young
>Nuclear isn't safe lol wut?
its safe enough to power submarines and shit, you've seen to many Hollywood movies
Hunter Fisher
Chernobyl Three mile island
Cooper Jackson
>Has there ever been a nuclear accident in a white society? Ask Americans....LOL and learn history
Isaiah Morgan
Fukishima Dernnowyn
Kevin Edwards
Germany gets dark around 3pm during winter
Jordan Richardson
oh wow, a literally who on a banana republic tv station thinks that the vastly successful multibillionaire is a fraud, how will he ever recover? >the practice WAS illegal until the 1980s Then literally who cares?
Henry Campbell
He is a charlatan. I don't care about bitcoin, but this guy has been riding the boomer wave his entire life. Whens the last time he innovated literally anything. He is the epitome of what people dislike about capitalists.
Not saying he doesn't deserve it, but to act like some authority on how to make money is a joke. How do you make money in the last 50 years? Have some to start with.
Gabriel Brown
literal nothing burgers. you only need to offset one oil war and you'll cover every single death caused by radiation including the hiroshima Abomb. silly brainlet
Justin Harris
crypto uses less energy than all the banks, printing presses, atms, security guards, armored cars, etc in the world and it's more secure
either you learn the lesson now for cheap or you pay dearly later
