Warren Buffett is famous for refusing to invest in Gold as part of Berkshire Hathaway's portfolio . He famously has called Gold an "unproductive asset" to the chagrin of gold investors and noted that "if you own one ounce of gold for an eternity, you will still own one ounce at its end” regardless of the current gold price. Warren Buffet's criticism comes from his value investing philosophy and is centered around the fact that as an investment, Gold can't produce anything fundamentally like investing in a company's stock can, so the only chance to generate a profit is for another investor to buy the gold from you later at a higher gold price. Learn more in this video about the additional reasons Warren Buffett dislikes Gold as an investment and why it will never be part of the Berkshire Hathaway portfolio. #warrenbuffett #berkshirehathaway #goldbullion #goldinvestment #warrenbuffettquotes

Timestamps:

0:00 Why Warren Buffet Prefers Productive Assets to Gold
0:35 Warren Buffet's Comments on Gold in his 2011 Letter to Shareholders
2:16 Warren Buffet's Famous Gold Cube Example
5:20 Warren Buffet's Gold Comments in a CNBC Interview
5:58 Do you agree with Buffet's Opinions on Gold? Let us know

Disclaimer: Opinions expressed in this video are my personal opinion and are for information and entertainment purposes only. It is not intended to be investment advice and you are responsible for doing research and making your own investment decisions. Seek a licensed professional for investment advice.

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