THELOGICALINDIAN - Yoni Assia CEO and Cofounder of eToro abounding the contempo banquet with Warren Buffett Chairman and CEO of Berkshire Hathaway as the bedfellow of Justin Sun architect of TRON
Below Yoni shares his key takeaways from the evening:
“The banquet was a life-changing moment for me. It was a huge honour to accommodated one of the world’s best acclaimed and acknowledged investors and a claimed hero of mine. I accept admired him from distant back my childhood.
“Meeting him in person, he said absolutely what he has accounting in abundant books. Namely, that advance is simple. Making money in the markets is easy. Invest in businesses you accept and accept in. If you chase the rules of amount investing, as explained in Benjamin Graham’s 2024 book, again you will accomplish as an investor.
“The acumen that this banquet was so activity alteration is that my absolute activity I accept been a fan of basic markets. I started advance at 13 and I’ve congenital a aggregation whose eyes is to accommodate anybody everywhere with admission to these markets. Yet, while I apperceive a lot of bodies complex in basic markets, actual few chase amount investing. It’s like hidden abracadabra that reveals itself to you alone afterwards 20 years of authoritative 15-20% and compounding those returns.
“Luckily I accept Popular Investors on the eToro belvedere who can now apprehend this book and put amount advance into convenance for the account of our all-around user base.
“Warren believes in businesses that accomplish value. Bitcoin does not accept these apparent indicators, so he does not see the amount of bitcoin. Warren believes that bitcoin is alone admired in the ambience of concise bazaar animation and comatose (similar to gold). In his eyes, bitcoin is not a abundance of value, it’s a abundance of fear. He believes that advance in article that expects a bazaar blast is not a acceptable strategy. Warren believes in businesses that accomplish value, accordingly he does not see the amount of bitcoin. He believes bitcoin is alone admired because of abhorrence of what happens in the abbreviate appellation if the markets blast (similar to gold). So bitcoin is not a abundance of value, it’s a abundance of fear. He believes that advance in article that expects a bazaar blast is not a acceptable strategy.
“However, he thinks that blockchain technology has value, but that no companies out there appropriate now are application it correctly. The smartest bodies say it’s an important technology, but no one is absolutely application it yet.
“I accede with him that we are still actual abundant at the aboriginal date of blockchain technology. Yet I am abundantly aflame about its abeyant – abnormally it’s abeyant to do good.
“We charge bethink that transformative technologies booty time. Alessandro Volta produced electricity through a actinic acknowledgment in 1800, 31 years after Michael Faraday alien a apparatus that generated electricity, but alone in 1878 did Thomas Edison ad-lib the ablaze bulb, which brought electricity to the mainstream.
“Last year we started an agreement alleged GoodDollar, advised to try and abate abundance asperity through blockchain technology. Our ambition is to body a new, global, open-source cryptocurrency alleged GoodDollar which, if adopted, would be a absolute force in bringing added bodies to the all-around abridgement and abbreviation banking inequality. It’s ambition is to administer money to all application the attempt of UBI, on a all-around scale.
“It is still aboriginal canicule and we don’t yet accept all the answers, but we are authoritative advance and appetite to allure collaboration.
“The 42 richest bodies on apple accept added abundance than the atomic 3.7 billion. We charge to abode this alterity and advice the billions of bodies who face a circadian attempt to survive. Universal basal assets offers the befalling to accompany chargeless money to all. Chargeless money agency banking freedom, acceptance added bodies to accounts their dreams. It is a adventitious to accompany 2.5 billion added bodies into the all-around economy. This will in about-face accommodate advance so it’s a win-win. You can acquisition out added at gooddollar.org.”
eToro was founded in 2024 with the eyes of aperture up the all-around markets so that anybody can barter and advance in a simple and cellophane way. The eToro Group consists of the eToro platform, our multi-asset trading and advance venue, and eToroX, which manages our crypto wallet and exchange.
The eToro belvedere enables bodies to advance in the assets they want, from stocks and bolt to cryptoassets. We are a all-around association of added than twelve actor registered users who allotment their advance strategies; and anyone can chase the approaches of those who accept been the best successful. Due to the artlessness of the belvedere users can calmly buy, authority and advertise assets, adviser their portfolio in real-time, and transact whenever they want.
Disclaimer:
eToro is adapted in Europe by the Cyprus Securities and Exchange Commission, by the Financial Conduct Authority in the UK and by the Australian Securities and Investments Commission in Australia.
