Warren Buffett's Investing Tips in India
this a good time to buy gold?
Not according to the world's third-richest man, Warren Buffett . In fact, Mr. Buffett doesn't care for gold as an investment at all, he told an audience of around 500 people in New Delhi on Friday night, even though gold is the favored investment for millions of Indians.
Mr. Buffett said that gold, oil and art are investments that don't produce any income or product. So, investors who buy these are counting on them becoming more attractive to other people in the future. "That's a whole different game" compared to investing, said Mr. Buffett.
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