Yahoo Web Search

Search results

      • Warren Buffett does not invest in gold. He has invested almost $1 billion in silver, so the reason for his aversion is not simply a dislike for precious metals. The explanation for Buffett's dislike of gold and for his enthusiasm about silver stems from his basic value investing principles.
      www.investopedia.com › ask › answers
  1. People also ask

  2. Aug 28, 2020 · Warren Buffett traded Goldman Sachs GS -1% for gold in Berkshire Hathaway’s newly revealed portfolio. The Twitterverse went just as crazy: So are the headlines and tweets correct? Did Warren...

  3. Aug 7, 2023 · Reviewed by Andy Smith. Warren Buffett does not invest in gold. He has invested almost $1 billion in silver, so the reason for his aversion is not simply a dislike for precious metals. The...

  4. What has Buffett said about gold? 1. “Gold … has two significant shortcomings”

    • American Express has superior credit quality. Buffett knows the banking business quite well, which is why Berkshire has invested in so many bank stocks over the years.
    • American Express has a powerful brand. American Express has long had one of the most enviable brands in the industry. Buffett once told the company's CEO Stephen Squeri that "the most important thing about American Express is the brand and the customers that aspire to be associated with the brand."
    • American Express has diverse revenue sources. Many credit card businesses rely solely on the net interest income they earn on credit card loans, which is essentially the difference between the monthly interest payments earned on loans and what it costs the company to fund those assets.
  5. May 4, 2024 · Opinion: Beat Warren Buffetts portfolio with this golden pick. Gold is not considered a respectable investment in polite circles, but maybe it should be. By Brett Arends. Last Updated: May...

  6. Warren Buffett has never been a big fan of gold. At Berkshire Hathaway’s annual general meeting in 2005, the billionaire investor said the precious metal “would be way down on my list as a store of value” and “I would much prefer owning a hundred acres of land near Nebraska, or an apartment house, or an index fund.”

  7. May 5, 2023 · In this article: AXP. BRK-A. BRK-B. MA. V. American Express ( AXP) CEO Stephen Squeri now has a direct line to legendary investor and No. 1 AmEx shareholder Warren Buffett — and all the business ...

    • 3 min
    • Brian Sozzi
  1. People also search for