Warren Buffett used the ‘Mona Lisa’ to explain why art is a terrible investment – but then compared Berkshire Hathaway to an art museum
Warren Buffett dismissed art as a bad investment nearly 60 years ago. France could have made $1 quadrillion if it had invested instead of buying the Mona Lisa, he said. Buffett described investing, valuing and building businesses, and Berkshire Hathaway as art. See more stories on Insider’s business page. Warren Buffett invoked one of the … Read more