Value Investors Don?t Buy Gold


Have you bought gold for your portfolio or at least considered doing so?

If yes, you are in good company as some of the best investors in the world (who stayed away from gold all their investment careers) have bought some.

But if value investors are known for their appetite of high-yielding investments and their desire to ?buy a dollar at fifty cents?, is gold an asset that fits into this universe?

In this short article I would like to offer you a framework of how to think about gold as a strategic investment for your portfolio.