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KNOWLEDGE CHECK egendary investor Warren Buffett said, Gold gets dug out of he ground... Then we melt it down, dig another hole, bury it gain
KNOWLEDGE CHECK egendary investor Warren Buffett said, "Gold gets dug out of he ground... Then we melt it down, dig another hole, bury it gain and pay people to stand around guarding it. It has no tility. Anyone watching from Mars would be scratching their head." Based on this quotation, what quality of gold is he eferring to? Its durability Its storage costs Its scarcity Its physical attractiveness
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
