Updated over 10 years ago on . Most recent reply
Warren Buffet
I heard a recent interview where Warren Buffet stated that IF he could BUY a couple thousand single family homes HE WOULD. I am just wondering if anyone could tell me WHY can't he? everyone knows he has the money to buy them and heaven knows their are enough homes out there to buy, so what exactly would prevent him from making those purchases.
I ask this simply because I am in a learning phase right now and I am curious as to what anyone has to say about the market today. I failed miserably back in mid 2000 so I am just looking for whatever advantages or advise I can get.
thank you
Most Popular Reply
@Sean Rand the reason he doesn't (the same reason many on here believe the institutional investors will fail) is because of management issues. He believes managing SF is just too much work. It remains to be seen how this all plays out for Blackrock and the other big players.