META Gain Hunter
Nasdaq Beater$SPDR Gold Shares(GLD.US)If Berkshire had bought a lot of gold, it might have been wiped out on the mountain in 2011😂
A company is a company, cash flow is the most important; personal investment should not be casually projected onto it
$SPDR Gold Shares(GLD.US)$Newmont(NEM.US)Many people use Buffett's early criticism that gold doesn't generate cash flow to diss the current gold market.
Buffett's judgment in his era was fine, but you don't live in that time. Blindly applying conclusions without considering the drastically changed reality is absurd—just like saying 20 years ago that those who didn't speculate in real estate were big **, which was absolutely correct then, but if you act on it now, you'll become the big ** yourself 😅
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