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YouTubeThe Valuation School
You're thinking about Gold WRONG | Warren Buffett on Gold | The Valuation School
Gold gave 45% return in just one year — sounds like a no-brainer, right? But here’s the thing — not every shining asset creates value. Buffett once said he’d rather own all US farmland than all the world’s gold — because crops grow, gold doesn’t. Howard Marks agrees: gold doesn’t generate cash flow, its value depends only on ...
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