Bigs Quote by Warren Buffett
“You could take all the gold that's ever been mined, and it would fill a cube 67 feet in each direction. For what that's worth at current gold prices, you could buy all -- not some -- all of the farmland in the United States. Plus, you could buy 10 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?”
About This Quote
Source Speech: Annual Shareholder Meeting, Warren Buffett, 2011
Wealth can be stored as gold or used to acquire productive assets; the latter yields greater long‑term value.
In simple terms: Gold is static; productive assets create value.
Key Takeaway
Invest in productive assets for lasting value.
Themes
investment
value creation
resource allocation
Mood
analytical
pragmatic
Type
financial
strategic
When to use this quote
- buying farmland
- acquiring companies
- investing in cash reserves
Key Concepts
economic theory
capital formation
opportunity cost
Questions to Reflect On
- Which asset best supports future growth?
- How does liquidity affect your choice?
A Different Perspective
Gold can be a hedge but may not generate income.
![“The only regret I have in my career, is my managers wanted a big payday, and I wanted four or five more fights before going in with [Larry] Holmes. That would have made all the difference.” quote by Gerry Cooney](https://sms4smile.com/quotes/img-quotes/d63/gerry-cooney-20863_bigs_the-only-regret-i-have-in-my-career-is-m_1534.jpg)
