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Buffett: Buy Real Estate

Started by Riversider
about 14 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
Finally I agree with something the Sage of Omaha is saying.. Real Assets over financial assets. --------------------------- My own preference -- and you knew this was coming -- is our third category: investment in productive assets, whether businesses, farms, or real estate. Ideally, these assets should have the ability in inflationary times to deliver output that will retain its purchasing-power value while requiring a minimum of new capital investment. Farms, real estate, and many businesses... http://finance.fortune.cnn.com/2012/02/09/warren-buffett-berkshire-shareholder-letter/
Response by Truth
about 14 years ago
Posts: 5641
Member since: Dec 2009

Why won't Warren break down and buy Howie a farm?

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Response by greensdale
almost 13 years ago
Posts: 3804
Member since: Sep 2012

Here Riversider: http://www.marketwatch.com/story/warren-buffett-more-myth-than-legend-2013-07-03

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Response by somewhereelse
over 12 years ago
Posts: 7435
Member since: Oct 2009

No to mention... he isn't talking about owner-occupied real estate, which is CONSUMPTION.

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