Gold Has Hit a Record High, But Warren Buffett Still Says Don't Invest In It [Yahoo! Finance]
Berkshire Hathaway Inc. New (BRK.B)
Last berkshire hathaway inc. new earnings: 11/2 07:00 am
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Source: Yahoo! Finance
The surge has attracted investors from all over the world to the yellow metal. However, the world's most famous investor, Warren Buffett , remains on the sidelines. For You: 6 Money Moves To Make When Your 401(k) Hits $1 Million Try This: 5 Genius Things All Wealthy People Do With Their Money The CEO of Berkshire Hathaway has a famously negative opinion of gold investing, having once written in a letter to shareholders that the metal has “two significant shortcomings, being neither of much use nor procreative…If you own one ounce of gold for an eternity, you will still own one ounce at its end.” Buffett knows a thing or two about amassing wealth, having built a net worth of more than $100 billion over the decades. The “Oracle of Omaha” follows a value investing strategy focusing on underpriced companies with strong fundamentals and growth potential. He never has been a fan of pouring your money into gold, which he said is a way of “going long on fear.” As Investing News Netw
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BRK.B
Earnings
- 5/4/24 - Beat
BRK.B
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 13F-HR/A
- 5/15/24 - Form 13F-HR/A
- BRK.B's page on the SEC website