Ok, so some people are convinced that gold is in a bubble and therefore it is not a good measure of inflation/depreciation of currencies/networth, etc.
Fair enough. I've compiled (it sure takes quite some time to do this) WB's networth in other commodities. The chart shows his purchasing power over the past 12 years. The number of tons of rice, barrels of oil, pounds of beef, pounds of sugar, and troy ounce of silver (I included silver just for kicks) he can buy. Again, we see that his networth has been greatly diminished in the past 12 years since the start of the commodities bull-run in 2000.
Note: This is not an attempt to bash WB. Just want to show the fact that inflation is rampant, and is going to get worse. Even a legend like him finds it hard to keep up with inflation. So, stocks generally is not a place to hide from inflation to the average investors.
P.S. maybe to make things simpler, I should just compare his networth against a commodities index.
Check out my other post on Warren Buffett's wealth in terms of gold:
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