Gold is a way of going long on fear, and it has been a pretty good way of going long on fear… — Warren Buffett Copy Share Image
[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again… — Warren Buffett Copy Share Image
The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity… — Warren Buffett Copy Share Image
Gold has two significant shortcomings, being neither of much use nor procreative. — Warren Buffett Copy Share Image
The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper… — Warren Buffett Copy Share Image
I have no views as to where it will be, but the one thing I can tell you is it won't do… — Warren Buffett Copy Share Image
You could take all the gold that's ever been mined, and it would fill a cube 67 feet in each direction. For… — Warren Buffett Copy Share Image
What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief… — Warren Buffett Copy Share Image
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble — Warren Buffett Copy Share Image
What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any… — Warren Buffett Copy Share Image
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual… — Warren Buffett Copy Share Image
“Be fearful when others are greedy, and be greedy when others are fearful.” — Warren Buffett Copy Share Image
Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose. — Warren Buffett Copy Share Image
We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are… — Warren Buffett Copy Share Image
Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the… — Warren Buffett Copy Share Image
It is better to point out your own mistakes than have somebody else do it. — Warren Buffett Copy Share Image
I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're… — Warren Buffett Copy Share Image
I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to… — Warren Buffett Copy Share Image
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to… — Warren Buffett Copy Share Image
The reaction of weak management to weak operations is often weak accounting. — Warren Buffett Copy Share Image
What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it. — Warren Buffett Copy Share Image
I don't measure my life by the money I've made. Other people might, but certainly don't. — Warren Buffett Copy Share Image
![“[Gold] gets dug out of the ground in Africa, or…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/d20/warren-buffett-183_gold_gold-gets-dug-out-of-the-ground-in-afric_1114279.jpg)
