Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory

Oakfield My View House from Balcony

Sometimes, I Feel Like I Live in Oakfield from Fable II (or “The Utility of Home Ownership”)

In the most recent Berkshire Hathaway shareholder letter, Warren Buffett remarked that the three best investments he ever made included his home in Omaha (the other two were wedding rings).  He conceded that he would have had more money if he had instead rented and invested the cash, but the utility of the home far outweighed the opportunity cost. Now that I am in my late twenties, I understand what he meant.

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Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory