3 Things Warren Buffett Has Said About Gold

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Warren Buffett, who runs Berkshire Hathaway, is well known for being uninterested in gold. He's made his stance on the yellow metal abundantly clear over the years, and it's not positive — put simply, he doesn't think gold fits in with his strategy of value investing.

Given Buffett's aversion to gold, market watchers were understandably surprised when news hit recently that Berkshire Hathaway has invested in Barrick Gold.

Whatever the reason for the move at Berkshire, it's interesting to look back at some of the comments Buffett has made previously about gold.

#Gold #Investing #WarrenBuffett

Click below to jump to each timestamp:

0:00 - Intro
1:16 - "Gold ... has two significant shortcomings"
2:14 - "It won't do anything ... except look at you"
3:18 - "Gold is a way of going long on fear"
4:35 - Outro

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