“CRYPTOCURRENCIES ARE PROBABLY RAT POISON SQUARED!” Says Warren Buffet. By Gene W. Edwards. Posted 2/3/2025.

Yeah, he only buys what he understands. Apple is his favorite company, and he also owns part of amazon.com — both are techie service companies — but what are notably absent among the 50 companies’ stocks that his Berkshire Hathaway company owns are the rest of the array of tech stocks like Meta, Facebook, Microsoft, Invidia, and such. His late partner, Charlie Munger, tried to talk him into owning some tech, more companies’ stocks similar to the above two he had to talk Buffett into buying, but the world will beat a path to your door if you don’t own rat poison masquerading as mousetraps. He sold one-third of his Apple stocks recently, an extremely well-managed company. He’s still its largest shareholder, but he is not amused by 1s and 0s.

He also doesn’t own Netflix, Tesla, and other high-tech entities that are either overvalued or more volatile than silly putty in a Vitamix, similar to a frog in a blender, red and green and going 100 mph, and quite dead! Want to get splattered up against the hard wall of reality? Buy into one of the above companies when its stock is at the midheaven — until a competitor comes along and steals most of your chips.

Case in point: Nvidia was riding high until it began having trouble with its Blackwell chips causing data center fires from overheating! Too much data on them? Too complex? Too . . . whatever? Then, in January, we first heard about DeepSeek, China’s new, open…