Reported 4 months ago
The article discusses how billionaire investor Warren Buffett continues to drive a 10-year-old Cadillac XTS that he purchased with hail damage, despite having the financial means to buy any vehicle. Buffett's daughter bought the car in 2014 to replace his previous one, showcasing his frugality in purchasing cars with cosmetic damage. This practical and modest approach to car ownership reflects Buffett's broader philosophy on wealth, consumption, and time management. Buffett's lifestyle choices, including living in the same house he bought in 1958, align with his investment philosophy and philanthropic efforts, emphasizing the importance of thrift and efficient utilization of wealth for the greater good.
Source: YAHOO