Warren Buffett & Bitcoin; Virgin Galactic Chairman; Disney’s New CEO

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 26 February 2020

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Legendary investor Warren Buffett says he does not own cryptocurrency, but the Twittersphere disagrees. Becky Quick sets the record straight in a conversation about the Oracle of Omaha’s history with Bitcoin, only on Squawk Pod. Disney CEO Bob Iger is handing over the keys to the Magic Kingdom in a surprise move that has Hollywood, Wall Street, and the Squawk anchors buzzing. Venture capitalist and Chairman of Virgin Galactic Chamath Palihapitiya shares his investing strategy during the coronavirus outbreak, a timeline for Sir Richard Branson’s trip to outer space, his recommendations for investor crypto holdings, and why he thinks ESG is “a fraud.”

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See NBC's essential morning show.
0:12.0	Every day get the best stories, debate, and analysis. See, Two Bob's and a Magic Kingdom. Tell people the facts first.
0:24.0	If anyone doesn't know this, my son
0:26.0	was talking me yesterday.
0:28.0	Bob I was stepping down. Chamath Polly Hopetia,
0:30.0	Chairman of Virgin Galactic on Richard Branson's
0:32.8	and maybe your trip to outer space.
0:35.2	The goal is to fly Richard on a commercial flight this year.
0:38.2	Impact investing and cryptocurrency.
0:41.0	Everybody should probably have 1% of their assets in Bitcoin specifically.
0:45.8	Speaking up, does Warren Buffett own Bitcoin?
0:48.4	I don't have any Bitcoin.
0:49.7	You don't?
0:50.7	He said no, but the Twitter sphere suggested otherwise.
0:53.7	That's why my Twitter feed blew up.
0:56.0	People saying either he's a liar or Justin son's a liar.
0:58.8	So I called Warren and said, hey, what happened?
1:01.1	Becky Quick sets the record straight in a conversation only on Squack-Pod.
1:05.0	Those stories and more...
	...

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