Warren Buffett used the ‘Mona Lisa’ to elucidate why artwork is a horrible funding – however then in contrast Berkshire Hathaway to an artwork museum

4 min 4 weeks
Warren Buffett.

  • Warren Buffett dismissed artwork as a foul funding almost 60 years in the past.
  • France might have made $1 quadrillion if it had invested as a substitute of shopping for the Mona Lisa, he mentioned.
  • Buffett described investing, valuing and constructing companies, and Berkshire Hathaway as artwork.
  • See extra tales on Insider’s enterprise web page.

Warren Buffett invoked one of the crucial well-known work in historical past to elucidate why artwork is a poor funding.

The billionaire investor tackled the subject in his 1963 letter to shoppers of

Read More Art