GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Monday, May 5, 2014

Warren Buffett Doesn't Practice What He Preaches

Warren Buffett held his annual shareholder meeting this past weekend, where investors grilled him about his Coke ownership. David Nelson of Belpointe Asset Management points out that while Buffett is fond of telling investors that he keeps emotion out of his decisions, he does the opposite. He raves about how much he loves Coke, but doesn't like stock options, and he uses many emotional verbs when describing his investment decisions for Berkshire Hathaway.

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