The Golden Ticket

In a popular children’s story, the young hero pins all his hopes on finding one of a handful of ‘golden tickets’ hidden among millions of candy bars. It seems many people approach investing the same way. The notion that the path to long-term wealth is in locating secret and previously undiscovered treasures in the global Read more…

Buffett’s Gold

Here’s an extract from Berkshire Hathway’s 2012 annual letter to shareholders where Warren Buffett shares his thoughts on gold as an investment. The second major category of investments involves assets that will never produce anything, but that are purchased in the buyer’s hope that someone else – who also knows that the assets will be forever Read more…

Gold: Some Safe Haven

Gold is frequently cited in the media as a safe haven asset that offers stability in a diversified portfolio and an anchor in uncertain times. The reality, however, frequently falls short of the billing. By the end of 2012, after a dozen consecutive years of price gains by gold, many analysts were rewriting the record Read more…