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Warren Buffett Answers Question on Silver Trade E-mail
Written by David Neubert   
Saturday, 05 May 2007

The question was asked, "Did you sell your silver position to the banks that started the Silver backed ETF?"

Buffett's answer, "I don't know who bought it from me, but they are smarter than I was about it."  He goes on to say, "I bought it too early. I sold it too early. Other than that it was a perfect trade."

I'd always wondered what happened to that silver trade from a few years back . . .

 


Agricultural Commodities  BRK.A 

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David Neubert
About the author:
David Neubert ran the largest trading desk in the world.
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Last Updated ( Saturday, 05 May 2007 )
 
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