Warren Buffett does not invest in gold. He has invested almost $1 billion in silver, so the reason for his aversion is not simply a dislike for precious metals. The explanation for Buffett's dislike of gold and for his enthusiasm about silver stems from his basic value investing principles.
Does Warren Buffett invest in gold?
Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance and real estate and has assisted thousands of clients in meeting their financial goals over his career. Warren Buffett does not invest in gold.
Did Warren Buffett make a Barrick Gold investment?
The first thing to note is that we have no idea if Warren Buffett made this investment. He has turned a large part of the portfolio over to two investment managers, Ted Weschler and Todd Combs. While he sometimes reveals whether he was behind a trade, he hasn't revealed that regarding the Barrick Gold investment, at least that I’ve seen.
