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Warren Buffett lessons

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One of Buffett’s favorite topics of discussion of late has been gold. He loves talking about investors’ fascination with gold and with cash (in the form of bonds), as per most of the business news. Warren Buffett characterizes gold as one of the assets ‘that will never produce anything, but that are purchased in the buyer’s hope that someone else – who also knows that the assets will be forever unproductive – will pay more for them in the future’.

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