‘No downside’: Warren Buffett trusts 2 key assets for his grandkids — and says the income will likely jump for decades
Warren Buffett trusts two non-stock investments for his grandchildren: a farmland property and a retail property near New York University. These investments have consistently increased in value and income over decades. The farmland was purchased for $280,000 in 1986, and the retail property was bought for $6.9 million in 1993. Both investments have provided substantial returns and income, with the farmland being a hedge against inflation and the retail property benefiting from a low-priced, high-rent tenant.
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