Warren Buffett's right-hand man blasted crypto, praised Elon Musk and Tesla, and defended the Fed in a rare interview this week. Here are the 14 best quotes.
this week, just days after Sam Bankman-Fried's FTX exchange became the latest crypto player to implode.
3."The danger flags are wagging so clearly. A guy says, 'I'm going to sell you plenty of nothing, and nothing's plenty for you.' When you hear that, you ought to think this is a big joke. But people think this is a real asset — it's not a real asset, it's a bunch of fraudsters and crazy people." 6."There are people who think that you've got to be on every deal that's hot, and they don't care whether it's child prostitution or bitcoin. I think that's totally crazy. Reputation is very helpful in financial life, and to destroy your reputation by associating with scumballs and their scumball promotions is a huge mistake."
9."I was certainly surprised that Tesla did as well as it did. But I do not equate Tesla with bitcoin. Tesla has made some real contributions to civilization. Elon Musk has done some good things that other people couldn't do."
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