The Second Major Category of Investments

At Berkshire, the need for ample liquidity occupies center stage and will never be slighted. If all of this gold were welded together, it would form a cube of about 68 feet per side. At 17, excuse me, $1,750 per ounce gold price as I write this, its value would be $9.6 trillion. For that we can buy all US croplands 400 million acres without put up about $200 billion annually.