that is only index, if you consider compounded

来源: 于 2011-03-07 17:31:23 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

return made by Buffett, Buffett beats gold many times over. Buffet said it is easy for him to achive 50% return if he manages relative small amount of money. Can you do that with gold? Whatever you put into gold, it is dead, it will not multiply.

Gold has failed us as currency, that is why we abondoned it.