Posted on 07/15/2023 4:24:34 PM PDT by Hojczyk
Warren Buffett's wife reportedly balked at the $4 cost of a coffee at Sun Valley.
Astrid Menks' reaction aligns with her husband's approach to life, investing, and dealmaking.
Buffett lives simply, seeks value as an investor, and strikes a hard bargain when he cuts deals.
Warren Buffett detests high inflation, and it appears the billionaire's wife does too. Astrid Menks balked at paying $4 for a cup of coffee at Sun Valley this week, noting she "could get a pound of coffee" for that price in other places, the New York Post reported on Thursday.
Her reaction won't surprise close followers of Buffett, or shareholders of his Berkshire Hathaway conglomerate. The 92-year-old investor ranks among the world's richest people thanks to his $114 billion of Berkshire stock, but he lives a famously frugal lifestyle, and has made prudent spending a cornerstone of his investing and dealmaking style.
Indeed, Buffett still lives in the same house in Omaha, Nebraska that he purchased for $31,500 in 1958. He stops by McDonald's to grab breakfast on his way to work each morning. He's also earned a modest annual salary of $100,000 for more than 40 years.
(Excerpt) Read more at finance.yahoo.com ...
Buffett’s a big fraud.
Everyone knows he’s got a mistress across town and probably a few more tucked away in big cities or even Europe.
Think he short sheets them?
They don’t do the wild thing with big daddy cuz he’s good for a ride. It’s cash on the barrelhead, gray beard.
Nothin’ but a bunch of PR BS.
Really? Warren Buffet eats breakfast at McDonald’s? It’s nice to know we have an indulgence in common.
I agree. Life is for living. Enjoy it when you can while you can afford to.
Old saying-
How to become a rich man?
Think like a poor man.
Plenty of things rich people don’t buy that poor people do.
Lottery tickets for a big one.
Andrew Carnegie’s mother used to say to him ... “Watch the pennies and the dollars will take care of themselves.” I probably need to take better heed of that advice myself.
Now it’s $517,000 per share. So your $15k back then would now be 51 million.
Poor folks pay $4.00 for a cup of coffee. Rich folks don’t.
If I am home, I make pretty good coffee. If I am out socially or traveling, I would pay $4 for a cup. That’s actually cheap at a lot of the hotels I used to frequent.
But to each their own.
The private plane is Warren Buffet’s guilty pleasure
And now it’s one of Berkshire Hathaway’s businesses. Their NetJets subsidiary has the largest private plane fleet in the world.
But at least Buffett doesn’t lecture us about the climate crisis, so I’m OK with it.
Maybe the last time she ever bought a pound of coffee. It’s not under $11/pound now. Unless she is used to Folgers.
Perry and Della are at a high-class restaurant, Ferrold’s Cafe. Perry complains that the coffee costs a phenomenal $1.
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Steak & Eggs breakfast at Del Monico’s in Dodge City, Kansas 35𝇍
He hardly uses his beach house in Laguna Beach or his private jets or the Rolls Royce or the Cadillac or his multiple girlfriends he has had while married.....
He doesn’t mind selling his kirby vacuums for $2,000.00 tho.
Buffet is something you can never be........ a rich and very capable businessman
I know he owned cessna, don’t know if he still does or not.
Buffett owned a Cessna aircraft about 20 years ago. I don’t think he has ever owned the Cessna company, which was bought by Textron.
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