“You could take all the gold that’s ever been mined, and it would fill a cube 67 feet in each direction. For what it’s worth at current gold prices, you could buy — not some — all of the farmland in the United States. Plus, you could buy 10 ExxonMobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?” _Warren Buffet
In 1995 when my family and I moved to Fort Mill, SC I remember packing up unopened boxes on the moving truck that we had packed three years earlier when we moved from Simpsonville to Easley.
Then about 10 years later we moved into a new home across town and I lugged those same unopened boxes down from the attic and moved them with me to my new home. And then about ten years later I moved to Mauldin and this time…I finally threw the boxes of stuff away.
It is amazing how much effort we can put into lugging around chucks of “gold” instead of investing in things that will produce value.
Oh it may not be actual gold (it can be), but the list is long of “gold” things that clutter our lives, bank vaults, shelves, Chester drawers, garages, closets, and minds.
Valuable stuff (at least to us).
But producing no real value.
I remember as a child going to visit an Uncle and Aunt’s house and being miserable. They had a beautiful home with a lot of valuable stuff that a little rambunctious and inquisitive boy could damage. So, I always got the lecture on the way to their house, “Don’t touch a thing!”
But then one day they got a dog.
It was a mutt named Toby and he jumped up on the furniture, broke things, drooled on the kitchen tile, rolled on the carpet and brought in dirt and leaves from his outside escapades.
He changed everything.
Suddenly, my Uncle and Aunt’s house stopped being a museum and started being a home – a place where little boys could be free to be little boys. A place where a nephew loved to go visit.
I loved Toby…he taught us the difference between chunks of gold and things that add value.