Is Gold the Worst Investment Ever? Here Are 8 Reasons Why

Gold promoters often cite inflation’s steady rise after the United States abandoned the gold standard in 1971. Yet is gold the worst investment ever? Quite possibly. The U.S. dollar no longer being backed by gold became a reason to invest in the real thing — gold itself. Warren Buffett, a stock picker who hates gold, says […]

Warren Buffett: Here’s What Elon Musk Gets Wrong About Capitalism

Nearly 42,000 Berkshire Hathaway shareholders last weekend made the pilgrimage to Omaha, Nebraska to hear Warren Buffett and his longtime business partner Charlie Munger answer six hours of questions and answers at an annual meeting of shareholders. Buffett, among the world’s wealthiest people, had as usual many homespun nuggets of investing wisdom to offer. But […]