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Warren Buffett Doesn't Buy Gold. Over 10 Years, That Would've Been Wrong

Warren Buffett Doesn't Buy Gold.  Over 10 Years, That Would've Been Wrong

Gold outperformed the S&P 500 over the past decade (2016 - 2026).

Buffett still wouldn’t buy it—and for good reason. This carousel breaks down the conditional logic behind his view: when gold wins, when businesses win, and which game you’re actually equipped to play.

No predictions. No hot takes. Just first-principles thinking about two fundamentally different strategies.







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