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