I don't have the slightest interest in gold. I like understanding what works and what doesn't in human systems. To me that's not optional; that's a moral obligation. If you're capable of understanding the world, you have a moral obligation to become rational. And I don't see how you become rational hoarding gold. Even if it works, you're a jerk.
1 Comments in Response to Warren Buffett's Man and Berkshire Hathaway's Co-Chair Charlie Munger Says You're A Jerk
Yeah and I do imagine Bernanke one day saying "they were only right because they were wrong and I was only wrong because I was right all along".
And on that day, who do you think will be richer? Us or Bernake? This argument won't be settled soon.