Tag Archives: Warren Buffet

Berkshire Hathaway CEO Warren Buffet famously dismissed gold. “Gold has two significant shortcomings, being neither of much use nor procreative.” I have recently written about how a government with gold mining tax revenues can use gold. The benefits of issuing gold bonds include reducing risk, and getting out of debt at a discount. Pretty useful, eh? As to his second point, one should never confuse suppressed with...

– Listen to Jesse Livermore and ignore the noise of short term market movements, central bank waffle and daily headlines  – Stock and bond markets are overvalued but continue to climb… for now– What goes up must come down and investors should diversify and rebalance portfolios despite market noise– Behavioural biases currently drive markets, prompting legendary investors to be confused and opt out– Lesson is to prepare...