Warren Buffett Loves the S&P 500, but It’s Down 88% on Bitcoin

Warren Buffett loves the S&P 500, but it’s down 88% on Bitcoin - WorldNL Magazine

While billionaire hedge fund manager Warren Buffett has long touted investing in the S&P 500, recent data shows that since 2020, the index has underperformed Bitcoin by around 88%. In an Oct. 5 X post by Phil Rosen, the co-founder of stock market data newsletter Opening Bell Daily, noticed that while the S&P 500 has surged 106% in USD value since 2020, it has “collapsed” significantly in BTC denomination, prompting cheers from Bitcoin pundits. T…

Warren Buffett loves the S&P 500, but it’s down 88% on Bitcoin

While the Standard and Poor’s 500 is at record highs, data shows the stock index has “collapsed” when compared to Bitcoin. But is it a fair …