Warren Buffett is also investing in silver? What is Buffett's idea of investing in silver? Warren Buffett is the most successful investment client in the world and is also recognized as a stock god in the world. The value investment concept he believed in became the key to his long-term victory over the market, and also won him idle followers. However, Buffett also knows that Buffett is also a silver investment customer. What is his silver investment philosophy? Next, the editor shared the story of Buffett and spot silver.

At the beginning of 1999, the international silver price reached 7.8 1 USD/ounce, and Buffett decided to buy silver with a total amount of 65438+300 million ounces. Later, in the recall, warehouses were continuously increased. According to the market personnel at that time, Warren's warehouses account for at most one year's total silver output in the world, accounting for a quarter of the total silver holdings in the futures market, and Buffett's average buying cost is about $5.

Looking back at the background of the financial market at that time, the stock market soared and the stock investment opportunities were not as good as silver, so Buffy, the stock god, turned his attention to silver investment. Later, the fact proved the correctness of Warren's investment vision: the price of silver rose from 199 to 15 in 2006.