Skip to content

To keep going please Log in.

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

To keep going please Log in.

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

To keep going please Log in.

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

To keep going please Log in.

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

R. Kiyosaki slams Warren Buffett for ‘trashing Bitcoin’ and pushing ‘fake money’

R. Kiyosaki slams Warren Buffett for ‘trashing Bitcoin’ and pushing ‘fake money’

Finance influencer and writer, Robert Kiyosaki, is once again pushing against Bitcoin (BTC) criticism, this time from the legendary investor Warren Buffett, who believes the asset could face a catastrophic “blow-off top.”

The author of Rich Dad Poor Dad acknowledged on X that Buffett may be correct from a traditional, Wall Street-focused perspective, but he argued that criticism ignores the risks that come with conventional financial assets.

“WARREN BUFFET trashes BITCOIN… Doesn’t WB know that stocks crash, real estate crashes, and US govt Bonds the “safest” investments in the world are at present being “dumped”…?” wrote Kiyosaki.

“I invest in Bitcoin and Ethereum knowing they can boom and bust, because the Fed, the US Treasury, nor Buffett can produce Bitcoin or crypto,” he added.

‘Why invest in paper assets when real assets exist?’

Kiyosaki further emphasized that his investment approach stems from a fundamental distrust of U.S. financial institutions, specifically the Federal Reserve, the Treasury, and Wall Street, as well as his preference for “real” assets, including gold, silver, and Bitcoin.

Moreover, he also reiterated his long-standing refusal to invest in exchange-traded funds (ETFs) featuring his favorite investments, calling them “fake” and comparing them to REITs, mutual funds, and bonds, which he described as “counterfeit money” printed by Wall Street. 

“I don’t live in a paper house or eat paper apples. Why would I invest in paper assets when real assets exist?” the author added.

Warren Buffett’s latest investments

Meanwhile, Warren Buffett’s Berkshire Hathaway (NYSE: BRK.B) unveiled its latest quarterly holdings over the weekend, showing $308.9 billion in equities.

Apple (NASDAQ: AAPL) remains the conglomerate’s cornerstone investment, worth roughly $64.6 billion and accounting for more than 20% of its portfolio. Bank of America follows at nearly $29.9 billion, with long-standing stakes in American Express (NYSE: AXP) and Coca-Cola (NYSE: KO).

While these holdings are substantial, the standout figure is the record cash reserve of $381.7 billion as of September 30, its largest cash position in history, which grew more than 10% from the prior quarter. 

The figure signals Buffett’s caution as equity markets hover near all-time highs and bond yields continue climbing, meaning he really isn’t looking to gamble, as Kiyosaki put it. 

Indeed, rather than chase expensive assets, Berkshire appears to be waiting for market stress to unlock more attractive opportunities before Buffett retires at the end of the year and hands the reins to Greg Abel. 

Featured image via Cavaleria Com YouTube

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users worldwide
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Latest posts

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Finbold AI Agent

How AI Price Predictions Work

We use cutting-edge AI models to forecast future prices for stocks and crypto.

Trade, Swap & Stake Crypto on Uphold

Buy, sell, and swap crypto. Stake crypto, earn rewards and securely manage 300+ assets—all in one trusted platform. Terms apply. Capital at risk.

Get Started

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.