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 Idiot: 'Civilized People Don't Buy Gold': Berkshire's Munger

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Idiot: 'Civilized People Don't Buy Gold': Berkshire's Munger Vide
PostSubject: Idiot: 'Civilized People Don't Buy Gold': Berkshire's Munger   Idiot: 'Civilized People Don't Buy Gold': Berkshire's Munger Icon_minitimeFri May 04, 2012 7:07 pm
Warren Buffett's right-hand man doesn't like gold as his boss does, Charles Munger told CNBC Friday on the eve of Berkshire Hathway's annual meeting.

Idiot: 'Civilized People Don't Buy Gold': Berkshire's Munger Buffettwarren13200



"Gold is a great thing to sew into your garments if you’re a Jewish family in Vienna in 1939," the Berkshire vice chairman said, "but I think civilized people don’t buy gold, they invest in productive businesses."

http://www.cnbc.com/id/47298734
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