‘I don’t have the slightest interest in gold. If you’re capable of understanding the world you have a moral obligation to become rational. I don’t see how you become rational hoarding gold. Even if it works, you’re a jerk’. — Charlie Munger
I’m a huge fan of Charlie Munger. He’s forthright, funny and fascinating. Above all, he’s smart. Long critical of gold, his arguments aren’t without merit, either.