Source: Yahoo —
Warren Buffett’s long-term investment strategy has proven to be successful through virtually all market conditions over the past several decades – recession, high inflation and deflation. If there’s one thing that’s made Buffett one of the most successful investors in history, it’s his commitment to his strategy.
A countless number of new investment techniques and algorithms have come and gone over the years, but Buffett has maintained his relatively simple strategy of picking solid companies and focusing on long-term growth while somehow ignoring the noise that sends most investors into a panic.
It may seem odd that somebody with such a disciplined long-term approach to investing hasn’t purchased real estate – besides a 40-acre farm and his personal residence – especially since vice chairman of Berkshire Hathaway Charles Munger built his fortune with real estate.