The media and experts have been taking potshots at Buffett of late for buying a gold mining stock. This seems to be an acknowledgement of his mistake in not buying gold a decade back.
But is this truly a case of 'error of omission' as Buffett would call it?
Is Buffett's exposure to gold significant?
Should you too shun stocks and significantly increase your exposure to the yellow metal?
Let's find out.
Tanushree Banerjee (Research Analyst), is the editor of Stock Select and, ValuePro Equitymaster's oldest recommendation services. She is also the editor of Equitymaster's most popular newsletter read by over 300,000 subscribers, The 5 Minute WrapUp. Tanushree started her career at Equitymaster covering the banking and financial sector stocks and scrutinising RBI policies. Over the last decade, she developed Equitymaster's research processes that helped us pick out various multibaggers, across all sectors. A firm believer of "safety first" when it comes to investing, Tanushree closely follows the investing philosophies of Warren Buffett, Jeremy Grantham, and Joel Greenblatt.
Equitymaster requests your view! Post a comment on "Time to Follow Buffett Out of Stocks and Into Gold?". Click here!
1 Responses to "Time to Follow Buffett Out of Stocks and Into Gold?"
In this video, I'll show you how to get started on the path to daily trading profits.
Timely review of your investment portfolio is the key, to enable stable returns and work towards your envisioned financial goals during various market phases.
The no prediction approach to earn market beating returns.
In this video, I'll tell you about the need to find a guru early in your career and how I found mine.
Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
More Views on NewsMidcaps can literally have the best of both worlds...quality and potential. However, buying the best midcap stocks does NOT m...
In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
This is first of the three part master series. In these editorials, I'll show you how to earn 10X returns from a penny stock portfolio over 10 years.
A look at what India's top equity mutual funds bought and sold in January 2021.
More
PREMKUMAR R
Aug 22, 2020Thanks for your sensible view.