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Top 7 Warren Buffett Quotes on Gold Investing

Filed under: Celebs & Money, Investing

Warren Buffett doesn't like gold as an investment Warren Buffett, the Oracle of Omaha and Chief Executive Officer of Berkshire Hathaway (NYSE:BRK.A), is one of the most famous investors of all time. This billionaire has made so much money that he hardly knows what to do with it, although he has decided that after his passing he would like a sizable portion of his earnings to be dedicated to charity. Still, for all of the successes and endeavors that Buffett has taken on in his lifetime, there is one asset that he never quite warmed up to: gold.

Buffett is well-known for not only his strengths as a businessman, but also for his rather outspoken hatred of gold. The stance is somewhat controversial given the massive popularity of the precious metal that has made millions for investors all around. Also, we have seen other billionaire investors betting big on gold in recent weeks. Nevertheless, Buffett is not the least bit timid about his opposition towards the commodity. We scoured the Internet to bring you the seven best Warren Buffett quotes regarding gold and why he hates it so much.


SLIDESHOW: WARREN BUFFETT ON GOLD


Quote No 1: Quote No 4: Quote No 5: Quote No 6: Gold is a 'bandwagon' investmentQuote No 7: Gold


Editor's note: This article by Jared Cummans was originally published on Commodity HQ.

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