As one of the world’s richest people, Warren Buffett has pledged to give 99% of his wealth to charity. Buffett is now 87 but continues to hold the positions of the Chairman and Chief Executive Officer of Berkshire Hathaway. He has built this company to be one of the largest in the world with a net worth of $491 billion. Since the company was established, Warren has taken from a small little-known company in Omaha to a global sensation. The abilities of Warren Buffett when it comes to investments is incomparable. He is definitely the greatest investor in history. Away from Warren Buffett’s wealth, something is interesting about the property owned by Oracle of Omaha. Until today, he still lives in a home he bought in 1989 at what would be equivalent to $250,000.
The personal office of Warren Buffett is one of the most interesting ones would find going by his profile. The office does not have a computer or any automated charting machine. Not even a calculator. Warren does not make investments based on the chart patterns as many investors do.
In his business life, Warren Buffett also engages in property investments. Recently he bought shares in Store Capital Corp. the shares of this firm went up instantly following the revelation that Warren Buffett had bought. Buffett believes that property is one of best forms of storing value. Over the long term, they will give huge profits while at the same time cushioning traders from the effects of financial crisis, especially when the dollar loses value.
Warren Buffett bought $18.6 million shares in Store Capital Corp. The step taken by Berkshire to engage in property investments is likely to spur growth in the sector as more investors will follow what he has done. Warren has also shown interest in another property firm in Canada known as Home Capital Group Inc.