1) On Investing :-
100 % equity.
Guidance/Advice :- Dont ask for Stock specific Advice, rather learn the process of selecting stocks, and if you cant, then only other option left is Mutual Funds, DONT EVER PUT MONEY IN MARKET ON ADVICE OF OTHERS, THEY CAN HELP YOU TO GET IN, BUT NO ONE WILL COME TO HELP TO GET OUT !!!!
2) On Silver :-
Warren advice :- " I will say this about gold, if you took all of the gold in the world it would
roughly make a cube 67 feet on a side. So if you took all the gold in the world, we could have a cube that went down there 67 feet...
67 feet high and that would be the whole thing. Now for that same cube of gold it would be worth at today's market prices about $7 trillion. That's probably about a third of the value of all the stocks in the United States. So you could have a choice of owning a third of all the stocks in the United States or you could have a choice of owning that little block of gold, which can't do anything but kind of shine there and make you feel like Midas or Croesus or something of the sort.
Now, for $7 trillion, there are roughly a billion of farm— acres of farmland in the United States. They're valued at about $2 1/2 trillion. It's about half the continental United States, this farmland. You could have all the farmland in the United States, you could have about seven ExxonMobiles, and you could have $1 trillion of walking around money. And if you offered me the choice of looking at some 67-foot cube of gold and looking at it all day, you know, I mean touching it and fondling it occasionally, you know, and then saying, you know, `Do something for me,' and it says, `I don't do anything. I just stand here and look pretty.' And the alternative to that was to have all the farmland of the country, everything, cotton, corn, soybeans, seven ExxonMobiles. Just think of that. Add $1 trillion of walking around money. I, you know, maybe call me crazy but I'll take the farmland and the ExxonMobiles."
3) Ultimate Advice :-
"So there's two types of assets to buy. One is where the asset itself delivers a return to
you, such as, you know, rental properties, stocks, a farm. And then there's assets that
you buy where you hope somebody else pays you more later on, but the asset itself
doesn't produce anything. And those are two different games. I regard the second game
as speculation. Now there's nothing immoral or illegal or fattening about speculation, but
it is an entirely different game to buy a lump of something and hope that somebody else
pays you more for that lump two years from now than it is to buy something you expect
to produce income for you over time. I bought a farm 30 years ago, not far from here.
I've never had a quote on it since. What I do is I look at what it produces every year, and
it produces a very satisfactory amount relative to what I paid for it."