(16-11-2021, 06:51 PM)BRT Wrote: ..gold was the superstar then, i'm not so confident in the shiny metal now.
Almost 10 years in, and Warren Buffett's advice holds true: gold doesn't have intrinsic value; owning value producing assets serves investors better long term.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger