06.03.2012 - Warren Buffett's immunity to gold bug is baffling: SPDR official
Warren Buffett is a great investor, says Christopher Goolgasian, a portfolio manager at State Street Global Advisors Inc who helps oversee a $74-billion gold fund. The Oracle of Omaha just has it wrong when it comes to the metal. "While he won't own gold, he also never owned Apple (up around 1,500% since January 2000) or Google (up 530% since August 2004)," Goolgasian said of Buffett in a March 2 regulatory filing for SPDR Gold Trust, an exchange-traded fund managed by State Street Corp..............................................Full Article: Source
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