You are viewing a single comment's thread from:

RE: The Phoenix is Rising! IBM's BlockChain and Micro Computers Are Going to Change EVERYTHING! #FakeNewsReport

in #blockchain7 years ago (edited)

IBM just had the first tiny revenue growth in over 20 something quarters. The valuation of the company is pretty depressed and there is little to no future growth priced in. Until now I only heard about IBM developing and marketing blockchain solutions for purposes other than crypto currency. Warren Buffett invested in IBM in 2011 and sold with a loss in 2017 and 2018. If the company would follow a path of modest revenue and earnings growth in the future it would be a buy (strictly from an investing point of view), although there are better investment opportunities right now. If IBM could capitalize on the "phoenix" one world currency it would be a completely different story.

Microsoft's valuation has gone through the roof and is pretty optimistic regarding future growth. But I also haven't heard of any plans from Microsoft to develop a crypto currency. Bill Gates who is a close friend of Buffett advised him to invest in his company multiple times but he declined.

Buffett isn't tech-savvy and missed several big opportunities to invest in tech stocks, which are now the bigget companies. Right now he is heavily invested in Apple which he bought in 2017-2018 and considers a consumer goods manufacturer rather than a tech company.

When people talk about Buffett they often bring up that he drinks a lot of Coca Cola and gets his breakfast from McDonald's. Knowing how evil the NWO is, I wonder if they put this out on purpose to promote their junk food to poison the population, because the people will think that if Buffett consumes it regularly and is mentally fit at his old age then this food can't be bad. I wouldn't be surprised. And of course Berkshire Hathaway is investment company owns a big chunk of Coca Cola Inc..

PS. article on IBM's mini computer: https://www.fool.com/investing/2018/03/29/ibms-new-computer-is-how-small.aspx