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One that has a long and storied history of only investing their money in productive assets. Buffet doesn’t even buy gold.
by elliekelly 5y ago
One that has a long and storied history of only investing their money in productive assets. Buffet doesn’t even buy gold.
- adventured 5y agoBuffett isn't entirely adverse to metals such as gold, the reason he doesn't buy gold is he doesn't think it's often undervalued. His history with silver for example: "Warren Buffett made an unusual move in 1997 when he bought 111 million ounces, or nearly 3,500 tons, of silver. The famed investor's purchase helped make Thomas Kaplan a billionaire." https://markets.businessinsider.com/news/stocks/warren-buffett-bought-3500-tons-silver-made-thomas-kaplan-billionaire-2020-5-1029228443 https://markets.businessinsider.com/news/stocks/warren-buffe... https://seekingalpha.com/article/376711-evidence-that-warren-buffett-manipulated-the-silver-market-in-late-1990s https://seekingalpha.com/article/376711-evidence-that-warren...