In 1958, Warren Buffett spent $31,500 to buy a modest home (where he still lives).
If he slept in the street and put all that money into Berkshire Hathaway — when he fully took it over in 1964 — it would now be worth $882,000,000.
Lesson: Don’t buy real estate.
If he slept in the street and put all that money into Berkshire Hathaway — when he fully took it over in 1964 — it would now be worth $882,000,000.
Lesson: Don’t buy real estate.
Could someone good at math tell me what a 2,810,526% gain on $31,500 actually is?
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https://twitter.com/trungtphan/status/1379210030877044737
Ok, this Buffett tweet is taking off.
Some people think it’s investing advice.
I literally do a podcast called “Not Investment Advice”...so pls don’t sleep on the streets (unless you can compound 20% for 50yrs straight...still not advice, though) open.spotify.com/episode/0ZfFHa…
Some people think it’s investing advice.
I literally do a podcast called “Not Investment Advice”...so pls don’t sleep on the streets (unless you can compound 20% for 50yrs straight...still not advice, though) open.spotify.com/episode/0ZfFHa…
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