Tuesday, October 16, 2012

Warren Buffett's networth in other commodities

Ok, so some people are convinced that gold is in a bubble and therefore it is not a good measure of inflation/depreciation of currencies/networth, etc. 

Fair enough. I've compiled (it sure takes quite some time to do this) WB's networth in other commodities. The chart shows his purchasing power over the past 12 years. The number of tons of rice, barrels of oil, pounds of beef, pounds of sugar, and troy ounce of silver (I included silver just for kicks) he can buy. Again, we see that his networth has been greatly diminished in the past 12 years since the start of the commodities bull-run in 2000.

Note: This is not an attempt to bash WB. Just want to show the fact that inflation is rampant, and is going to get worse. Even a legend like him finds it hard to keep up with inflation. So, stocks generally is not a place to hide from inflation to the average investors.

P.S. maybe to make things simpler, I should just compare his networth against a commodities index.



Check out my other post on Warren Buffett's wealth in terms of gold:





4 comments:

  1. Such an wonderful blog on commodity giving good knowledge about commodity market in India.
    http://www.capitalheight.com/about.php

    ReplyDelete
  2. This comment has been removed by the author.

    ReplyDelete
  3. I am Warren Buffett's follower his quotes are very inspiring for traders. Commodity tips

    ReplyDelete
  4. Live share tips covering Indian stock market with high accuracy of segments covering equity tips, future trading tips, options tips, Nifty tips and commodity tips. Visit – www.SHARETIPSINFO.com

    ReplyDelete

 
Web Statistics