Meeting with Warren Buffett

"When somebody buys gold, or a painting, they are betting on someone else finding it more attractive in the future. That is investing in the price of an asset versus investing in the productivity of the asset. After all, what can you do with a giant cube of gold? You can stare at it, fondle it, may be sit on top of it…" – Warren Buffett at meeting with policyholders in Delhi.

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