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4min chapter
TIP551: Berkshire Hathaway Annual Shareholders Meeting 2023
We Study Billionaires - The Investor’s Podcast Network
The Consequences of Commercial Real Estate Development
Buffett and Munger both believe that commercial real estate could be in some trouble due to things like more businesses going remote, higher borrowing costs. And these can all push down the purchase prices of these properties. Berkshire has never been very active in commercial real estate. It works better for taxable investors than it does for corporations to actually Berkshire is.
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