View Single Post
Old 05-10-2012, 17:47   #77
Dennis in MA
Get off my lawn
 
Dennis in MA's Avatar
 
Join Date: Aug 2001
Location: Taunton, MA
Posts: 58,918
Quote:
Originally Posted by Glocksanity View Post
Looking at the performance of gold vs. Berkshire since the start of 2000 shows that the value of gold has increased considerably more than the value of Berkshire Hathaway. In fact, with a gain of 466% since the start of 2000, gold's gain has been nearly four times the return of BKR.A (466% vs 120%).

No wonder the old man hates gold.
So now "tanking" means not a loss or even a real-dollar loss, but underperforming gold?

Where do you teach economics and finance again?

I'm done with this thread. CF and Atlas always bring up decent points. This changing shill argument is sophomoric.
__________________
I cannot tell you how long this road shall be, but fear not the obstacles in your path, for fate has vouchsafed your reward. Though the road may wind, yea, your hearts grow weary, still shall ye follow them, even unto your salvation.
Dennis in MA is offline   Reply With Quote