Month: February 2012

Warren Buffett Explains why gold and other non-productive assets are overvalued. #in #fb

This is an excerpt from Warren Buffet’s annual letter to shareholders.  This letter is usually filled with earthy business wisdom and this year’s is no exception.  This excerpt talks about why Buffett won’t purchase non-performing assets such as gold or bonds… Today the world’s gold stock is about 170,000 metric tons. If all of this …

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