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Warren Buffett says cryptocurrency craze won't end well

Warren Buffett
Berkshire Hathaway CEO Warren Buffett. Photo: Paul Morigi / Getty Images

Billionaire investor Warren Buffett is not a fan of Bitcoin. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending," he told CNBC Wednesday.

Key quote: "We don't own any, we're not short any, we'll never have a position in them," the CEO of Berkshire Hathaway said. "I get into enough trouble with things I think I know something about." His comments come a day after J.P. Morgan CEO Jamie Dimon said he regrets mocking Bitcoin.