[soulofmischief]

Buffet was commenting on the social absurdity of the situation, but that has little bearing on his investment strategies. Money is money, and I'm sure Buffet has similar contempt for quite a few industries he's invested in.

[cafebabbe]

A very forgiving description for what is just plain hypocrisy.

[soulofmischief]

If I think that fidget spinners are a stupid trend, but I know a guy who will buy 100 boxes from me, I'm going to make that transaction. There is nothing hypocritical about this. I can happily take money from people while holding them in contempt. Don't you do this at your own job when you get a paycheck from your boss?

[dunce2020]

That's not hypocrisy.

[thedudeabides5]

Yeah it’s called “shifting the portfolio” and seems a reasonable thing to do for the worlds best fundamental investor in this time of unlimited printing.

[WealthVsSurvive]

Yeah, he's actively betting on people making poor choices in times of panic, not on Gold. Gold is merely the medium. It's not hypocritical at all.