Merging her entrepreneurial background in Arabian horse ranching and build-design...Warren Buffet is thought to be one the greatest investors of our time. When he talks, people listen. Like anyone else in a position of influence, he can be criticized for using his bullhorn to promote his own business. What makes it interesting is when we learn about how he privately advises those closest to him.
This week Debbie Bosanek, Buffet’s long-time secretary, purchased a second home in Surprise, Arizona.
In an article in the Omaha World Herald, Mrs. Bosanek discussed her reasons for purchasing a second home and the advice she received from Buffet.
“I just thought it was time to buy a home. Warren tells me that it will be the best opportunity in my lifetime. Mortgage rates are low and prices have dropped dramatically…I share Warren’s view about the future of America, and we believe that our country will do just fine. I’m happy to make this investment.”
The greatest investor of the last century privately has told the people closest to him that buying a home right now “will be the best opportunity in [their] lifetime”.
That’s quite an endorsement!
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