What Charlie Munger Thinks About Gold, Explained In 18 Seconds | Exploring Markets

What Charlie Munger Thinks About Gold, Explained In 18 Seconds

This is what Charlie Munger thinks about gold. It is said Warren Buffett has a similar belief. The two master investors have never thought of gold as a productive place to invest your money.

Instead, buy something that is producing, earning, and adding to the human race's productivity. As Munger says in the video below, "Civilized people don't buy gold. They invest in productive businesses."