
#19: Simon Mikhailovich on the Ultimate Insurance Policy: Gold
Superinvestors and the Art of Worldly Wisdom
The Risks of Owning Gold
I think a lot of people don't understand this about gold. Is that anything else you put your money in is going to be somebody else's liability? And so, you know, I think that's probably how you came to gold. All these different things that people think of as safe ways to store their money, all have risks that are completely separate and different from owning gold.
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