Warren Buffett's Thoughts on Silver as an Investment

Описание: Summary:
At the 2006 Berkshire Hathaway annual meeting, Warren Buffett and Charlie Munger discussed silver as an investment. They explained that silver production and reclamation were not keeping up with consumption, but there were large above-ground supplies and potential sources of additional supply. Buffett believed that silver would eventually become scarce and tight, but the investment did not perform well for Berkshire Hathaway. Munger emphasized that they did not become successful by investing in non-interest-bearing commodities and mentioned that they had also invested in oil in the past but did not make significant profits from it.
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F-Finance has a special focus on two of the most renowned investors of our time - Warren Buffett and Charlie Munger who are both highly successful American business leaders and investors. Warren Buffett is the CEO and chairman of Berkshire Hathaway, a multinational conglomerate holding company, and is widely considered to be one of the most successful investors in the world. Charlie Munger is the Vice Chairman of Berkshire Hathaway and is also a successful businessman and investor. The two men have worked together for decades and are known for their successful investing strategies and long-term approach to business.
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