# Professor Aswath Damodaran shares his outlook on bitcoin as an investment

1 Faculty News January 10, 2018 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](https://www.cnbc.com/2018/01/10/dean-of-valuation-buffett-paints-cryptocurrency-with-too-broad-a-brush.html) -- "'Will it end badly for some of the people involved? Absolutely. For those people who got on the bandwagon late and are playing the pricing game, for some of them, it's going to end badly,' he said."

[Read more](https://www.cnbc.com/2018/01/10/dean-of-valuation-buffett-paints-cryptocurrency-with-too-broad-a-brush.html)