JB,
Berkshire Hathaway avoided the 2000 NASDAQ techwreck by refusing to believe in the 'new era' tech shares.
Here's what Charlie Munger said 2 days ago about gold.
"I don't have the slightest interest in gold. I like understanding what works and what doesn't in human systems. To me that's not optional; that's a moral obligation.
If you're capable of understanding the world, you have a moral obligation to become rational. And I don't see how you can become rational hoarding gold.
Even if it works, you're a jerk".
I guess he just doesn't understand, right, JB?