Cool Buffett article

[Anonymous]

#9867

https://www.newtraderu.com/2020/01/24/the-current-warren-buffett-car/

[Sean Hyman]

#9877

I see those stories often but they’re really a partial story. He could care less about cars, so that’s why you see stories like this. And they talk about his $31k house that he bought back in the day but they fail to mention his $11 million California home that he had and his jet. https://www.forbes.com/sites/matthewstibbe/2011/09/22/warren-buffeett-jet/amp/

Buffett came to like jets so much, he bought Net Jets.

So, he buys what interests him and what he sees as a good business tool and tax write-off. That’s more of a balance, but yes I know…doesn’t make for as fun of a story…yet is more of a balanced picture.

[Sean Hyman]

#9878

Actually, the home he had for sale at $11 million and sold for $7.5 million. https://www.businessinsider.com/photos-of-warren-buffetts-house-in-california-2017-2?amp

Buffett purchased the home for just $150,000 in 1971, which is less than $1 million in today’s dollars.

• This reply was modified 4 years, 3 months ago by Sean Hyman.

[Sean Hyman]

#9881

And his original house is almost 6600 Sq ft.

[Anonymous]

#9902

Thanks Sean. I will try to post more reliable articles. I know this one was not very comprehensive. Thanks for all the details and feedback!

[Sean Hyman]

#9903

You’re welcome. Hey, it have some great points for conversation. Loved it!

[Author]

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