Buffett doesn't invest in gold he invests in companies the argument is not even related.
Those two have a completely different investment strategy to each other and buffett has a completely different investing strategy to pretty much the whole planet, if it doesn't pay dividends he doesn't invest, he's looking at 20 year investments, this gold bull is strong but it will come to an end.
When it does do you think he's going to be able to pull out the billions of dollars that he would have invested had he done so? too risky. Companies selling for less than book value are what he targets.
- Forums
- ASX - By Stock
- GOLD
- is this the start
is this the start, page-124
-
- There are more pages in this discussion • 33 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online