Why does Warren Buffett dislike gold?
Warren Buffett: Billionaire investors believe that gold is a non-profitable asset because it does not have much use value and does not generate income. For many people, gold always holds a special place. Precious metals can be used as jewelry or as a store of value. Gold almost always increases in price over time, providing a hedge against inflation and diversifying an investment portfolio. However, during more than half a century of investing, billionaire Warren Buffett is not interested in gold. This veteran investor has repeatedly criticized precious metals for…
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