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Billionaire Warren Buffett Still Lives In A 1920s House He Paid $31K For - Berkshire Hathaway Inc. Common Stock (NYSE:BRK/A)

Warren Buffett, one of the greatest investors of all time, is one of the richest people on the planet, but you wouldn't know that based on the clothes he wears, the cars he drives — or even the house he lives in ....

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CNN CNN This Morning June 4, 2024 11:30:00

he s the oracle of omaha for a reason. if you could explain it to people, this could just be insurance, too. a lot of his positions are long, so he bets on certain companies that he thinks are undervalued. what does it mean when you re long on something? you buy it and you hold it. he could just be hedging. he could have some insurance. basically he s going to win either way. if the market goes down, he will profit from his put options. if the market goes up, he will profit from his long positions. it s hard to say and, also, unfortunate, the 13f is already a little outdated because that s only through the second quarter. that s a regulatory filing. regulatory filing, this is all so technical. but it is interesting to watch, the markets obviously went down in early 2022. they ve come back up, although not to their full heights of 2021. and the fed, is it done raising interest rates? we don t know yet. ....

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