Warren Buffett and Charlie Munger discuss why they’ve largely avoided investing in real estate, explaining why they believe it’s not an ideal investment.
One shareholder asked: “Could you share some insight into your investment strategy and how you evaluate specific industries? For instance, can you use real estate as an example? Real estate doesn’t seem to have played a significant role in Berkshire Hathaway’s portfolio over the years. Is that because you see it as a commoditized industry? Or perhaps because real estate cash flows are more predictable, making it harder to find mispriced opportunities? If we could listen in on a conversation between you and Charlie debating real estate, what would that sound like?”
This question and their answer are from the 2002 Berkshire Hathaway Annual Shareholders Meeting.
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By: MHFIN Title: Warren Buffett: Why Real Estate Is a LOUSY Investment (2025-2030) Sourced From: www.youtube.com/watch?v=3md8cyyhZaQ
