On October 7th, Jeff Dorman, chief investment officer of Los Angeles asset management company Arca, said in an interview that he is not a fan of Bitcoin. Dorman believes that no one will invest all of the money immediately after hearing about bitcoin or cryptocurrencies, because they will have a certain degree of suspicion about it. Dorman also talked about how short-sighted finance is. He added that people chase anything they think is money, such as structured products, money or real estate. Therefore, he believes that sometimes you will think that successful investors are omnipotent in terms of knowledge base. Warren Buffett is very good at value stocks, but when you ask him questions about gold or encryption, it makes no sense. He never made money from these things.