From time to time we are asked to
offer our opinion as to whether or not gold should be a part of one’s
portfolio. While interest in gold seems
to ebb and flow as economic reports and political events unfold, general
interest seems to persist. As such, we
thought Dimensional Funds VP Weston Wellington’s recent article exploring the
merits of holding gold as an investment is instructive. Throughout the article Weston cites the
thoughtful opinions of Warren Buffett.
His comment that “where gold advocates see a safe harbor, Buffet sees
just a different set of rocks to crash into” offers insight into his question
of Who
has the Midas Touch? Find this
month’s article below.