Warren Buffett: Why I HATE Gold?

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Warren Buffett: Why I HATE Gold?

#shorts

[zlejablko]

Gold doesn't go up, money goes down

[iKingRPG]

He doesn't "hate gold", he just hates people saving money (or equivalent value such as gold), and watching it sit there, instead of investing in something

[worldhistoryexplained]

Warren has a huge silver stack don't let him fool you

[Greggsberdard]

Considering the current market uncertainty, it appears prudent to consider investing in gold or a gold ETF. I'm contemplating allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is enticing, I recognize the importance of maintaining a long-term investment strategy.

[PInkW]

Gold is not for investing
Gold is for surviving
When the govt goes crazy and
Borrows $30 Trillion and can’t re pay
It, which I know would never happen
But

[eduardo]

Have 1.5 year of emergency funds in gold and 6 months in liquidity. Gold is for insurance against inflation.

[Hoffmanluiz.]

People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.

[NicholasBall]

Interesting video I'm in my 50s and I'm more interested in investments that could set me up for retirement, I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

[wasiflm]

I will say buy gold until you have enough to invest it into some thing you want .instead of keeping currency keep gold

[scoringdigitsson.]

He’s been around since Christ? Damn son, how old is he?

[veli]

Normally Gold isn't bought as an investment. It's just that people want to protect their belongings against currency depreciation and hyperinflation. Everybody should own some gold shares in his portfolio, very important

[NickeyONickes]

When you have as many financial options as he has, it's easy to dismiss gold.

[lamontdavis]

Gold is a hedge its not supposed to bring a return so to speak. Everyone should have some gold and silver in their possession and close by in case shit happens. I'd bet Warren and everyone else at Berkshire Hathaway has some gold or silver or both.

[gomzify]

Sometimes he sounds more like a high profile Fed Agent ...

[channellingV]

Its the first day i bought gold today i realized during pandemic before i dont have emergency fund, you can pawn it when pandemic over you can redeem it if you get back to work.And i realize you can preserve your money than spending it on shopping if you collect more in future it will give you big a mount of money with the tendency it will become expensive.And i regret not knowing it earlier

[Masteryoda]

I’d bet a hundred bucks, more if I was a gambler. He’d choose gold over bit coin. Silver over any crypto. You can make phones computers and cool space equipment with gold.

[lisaMauer-sjel]

My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17, 000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.

[jmiogo]

Used to be we built an entire currency on its sound value, Warren. But who cares about any of that.

[jima]

He’s right about farms. Those bitcoin farms are making a killing! There’s also crypto staking.

[AZhangETH]

Please can someone tell me why everyone always says “gold is a store of value, not an investment, and is there in case S#!t hits the fan” when it has literally out performed the S&P over the past 20 years??