Billionaire Charlie Munger Says He Ditched Insurance Once He Got Rich And Self-Insured Instead As 'All Intelligent People' Do — 'There's a Lot of Waste'

Billionaire Charlie Munger Says He Ditched Insurance Once He Got Rich And Self-Insured Instead As ‘All Intelligent People’ Do — ‘There’s a Lot of Waste’

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For most people, insurance isn’t optional—it’s a given. Home, auto, medical, liability—you’re taught to protect your assets before you even finish building them. And while those monthly premiums sting, they’re the price of security, or so the logic…

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Warren Buffett Said Buying 'Distressed' Homes With 30-Year Mortgages And Renting Them Out Might Be The 'Most Attractive' Investment Available

Warren Buffett Said Buying ‘Distressed’ Homes With 30-Year Mortgages And Renting Them Out Might Be The ‘Most Attractive’ Investment Available

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. If you remember 2008, chances are you also remember the fear. Home values were collapsing. Borrowers were defaulting. The phrase “underwater mortgage” was everywhere. But fast forward to 2012, and Warren Buffett was telling CNBC viewers something no…

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