gold has no value: buffett loses marbles, page-31

what a ridiculous chart to put up.

Please at least compare the whole of Berks history not just the period you know Gold has outperformed.

Buffett bought his stake in B for an average price of $32 in the mid 60s through to the mid 70s. Gold in the era was in the region of $50-$200 USD.

Berk has never done a share split and now trades over $115,000 and Gold is 'just a tad behind' sitting under $2,000 USD.

Just because someone critizes your favourite asset class doesn't mean you should disrespect him. If you added up ever good investor here on HC we wouldn't outperform him over a lifetime and Gold has been irrelevant compared to his returns.

Jeepers - I'm defending Buffett and I don't even like the guy . . .