Charles Munger: Civilized People Don’t Buy Gold

Johnny HopkinsCharles MungerLeave a Comment

Here’s some classic Munger wisdom on ‘gold’ as an investment:

“I think gold is a great thing to sow into your garments if you’re a Jewish family in Vienna in 1939 but, I think civilized people don’t buy gold, they invest in productive businesses.”

(Source: YouTube)

For more articles like this, check out our recent articles here.

FREE Stock Screener

Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple:

unlimited

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.