Flash News
Buffet: Trusting two assets creates wealth for grandchildren
Warren Buffett stated that he trusted that two key assets would create wealth for his grandchildren and that the revenues of those assets were expected to increase significantly in the coming decades. He mentioned that he had purchased a 400-acre farm in 1986 at $280,000, with an expected annual return of 10 per cent. In addition, Buffet shared a successful example of a retail property that he purchased in 1993, highlighting the cash flow and value added potential of real estate investments。
