Gold Has Hit Record Highs, but This Is Why Warren Buffett Still Prefers Stocks Amid Market Turmoil

The S&P 500 has been crashing this year, and amid that panic, investors have been piling money into gold. Often seen as a safe haven, gold usually attracts investors in times of fear, with the belief that it can be a safe place to park your money amid market uncertainty. However, before you decide to do that, you should consider what billionaire investor Warren Buffett thinks about gold and why he isn't convinced that investing in it is a good strategy.In a letter to Berkshire Hathaway shareholders in 2011, Buffett noted the following reasons as to why he isn't particularly thrilled with gold as an investment:Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool