One of the more interesting businesses, which now falls into the wide umbrella of Buffett’s Berkshire Hathaway, is its real estate arm that helps individuals buy and sell their homes.

But one of the most notable things about Berkshire Hathaway HomeServices is Buffett’s remarks on its website, where he notes plainly:

“When people are making the decision of the magnitude of buying a house, it’s the biggest decision a great many families will ever make.”

This coincides with his fascinating remarks in the 2010 letter to Berkshire Hathaway shareholders when he said:

“Home ownership makes sense for most Americans, particularly at today’s lower prices and bargain interest rates. All things considered, the third best investment I ever made was the purchase of my home, though I would have made far more money had I instead rented and used the purchase money to buy stocks.”

So why was it “the third best investment,” behind only his wedding rings? He goes on to say:

“For the $31,500 I paid for our house, my family and I gained 52 years of terrific memories with more to come.”

So often as it relates to investing we can only consider the measurable return on investment, and what will ultimately make our bank accounts and wallets bigger. But here’s a man who notes, although he would’ve “made far more [https://projectpanacea./2017/04/26/lessons-from-warren-buffet/] READ MORE https://projectpanacea./2017/04/26/lessons-from-warren-buffet/