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From the article: Berkshire Hathaway CEO Buffett says he would rather own productive assets like businesses, farms, or stocks. “Gold gets dug out of the ground
by josefresco 8y ago
From the article:
Berkshire Hathaway CEO Buffett says he would rather own productive assets like businesses, farms, or stocks. “Gold gets dug out of the ground in Africa or someplace,” he noted 20 years ago. “Then we melt it down, dig another hole, bury it again, and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.”