Did you realize that Warren Buffett entered the jewelry industry back in the 1990s? He then chose to double down by investing in Ben Bridge Jeweler in 2000.
Today, it’s no surprise that colored diamonds consistently produce record breaking sales at Christies and Sotheby’s around the world – year after year. Buffett’s venture into retail diamonds wasn’t triggered by colored diamonds but we have to admit his sense for stability and profitability was right on target. The icing on the cake is colored diamonds which have so much more rarity and increased value.