Warren Buffett: Gold vs Stocks Isn’t Even Close

At the 2018 Berkshire Hathaway Annual Meeting, Warren Buffett delivers one of his clearest explanations of why productive assets outperform so-called “stores of value” like gold.

Buffett explains how owning American businesses—companies that earn, reinvest, compound, pay dividends, and buy back stock—has created over 100x more wealth than holding non-productive assets.

If you believe in long-term compounding, patience, and owning a cross-section of America, this clip is a must-watch.