Berkshire Is All Wrong About Gold
I don't know about you, but I am tired of the Berkshire Hathaway (BRK.B) team's endless trashing of gold. We heard all morning about how Warren Buffett simply doesn't believe gold is an investible asset. He only wants to invest in what he calls productive assets.
But the killer statement against gold came from his right-hand man, Charlie Munger: "I think gold is a great thing to sew into your garment if you're a Jewish family in Vienna in 1939, but civilized people don't buy gold, they invest in productive businesses."...230 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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