Warren Buffett is often asked why his holding company, Berkshire Hathaway, doesn’t invest in real estate.
His response: Why buy real estate when the stock market is so easy?
The multi-billionaire, who many regard as the greatest investor of the 20th century, has given investors plenty of timely guidance over the past 50 years.
Today, he’s changing his tune about real estate.
He may or may not be buying it for Berkshire Hathaway, but recently, on CNBC, he suggested that it’s currently a tantalizing investment opportunity— for the handy.
Exactly how good has Buffett’s advice been, in the past, when making recommendations to the public?
You be the Judge.