Warren Buffett: Why Real Estate is a Lousy Investment
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Warren Buffett: Why Real Estate is a Lousy Investment
Warren Buffett and Charlie Munger talk about why real estate is a “lousy” invest for Berkshire Hathaway. Buffett and Munger lead Berkshire Hathaway, a conglomerate with ownership in BNSF rail road, Apple, American Express, Coca-Cola, GEICO, and many more. This clip is from the 2002 Berkshire Hathaway Annual Shareholders Meeting.
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