Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A


Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (43) |
Author: Mark   😊 😞
Number: of 15062 
Subject: Re: OT-top 1% Net Worth
Date: 06/20/2024 5:41 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 9
"But if you think it is a practical consideration than consider just the impact of home ownership on people in my family"

But it's just luck that your family happened to be in CA. What if instead they were in Kokomo, IN instead of in San Diego? If that were the case, their homes ALSO increased, but only 2X or maybe 3X if they were lucky.

It's the same argument as someone who says "Hey I beat the S&P500 over the last 10 years by a heck of a lot ... because I invested half my money into Nvidia". What if, 10 years ago, they chose IBM instead of Nvidia?
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (43) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds