Warren Buffett tells a personal story about two of his non-stock investments in an article on CNN Money.
The story involves two real estate purchases, when and why he bought them, and how they have performed over time.
“There is one major difference between my two small investments and an investment in stocks. Stocks
provide you minute-to-minute valuations for your holdings, whereas I have yet to see a quotation for either my farm or the New York real estate,” Buffett says in the article. Read the full letter and post here.
Photo is Warren Buffett, Creative Commons Image, by Asa Mathat, Fortune Live Media