sixty minutes, page-85

  1. 14,931 Posts.
    If I had to choose between what Warren Buffett was doing, and this Keen fellow....I think it obvious that the Buffett way was the better option.

    besides...if he owns his unit outright and is happy where he is living, why would it be better for him to sell it, and rent out a similar one, especially if, as he says, there will be a depression that will last 10 years!

    Not really worth it, even if the price dips lower? I mean with all the removal costs, stamp duty, agents fees legal fees etc etc

    So he probably doesn't even own it...and is probably mortgaged to the hilt...doesn't sound like a good money manager to me?
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.