

Why Warren Buffett Is Investing in Wearable Tech

The Berkshire Hathaway CEO is expanding his portfolio
By Nina Zipkin |







Now, Buffett is putting his weight behind the wearable tech industry, but not because it’s a hot and trendy new area.



He explained his reasoning behind the move to CNBC. "Jewelry is a centuries-old business that isn't going anywhere, so it's a safe bet,” Buffett said. “With the addition of technology, we're simply updating something everyone knows and loves to better fit our modern age."






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