Buffett Reveals Why Equities Beat Real Estate: Speed, Simplicity, Liquidity

• Warren Buffett prefers equities over real estate, citing speed, simplicity, and efficiency, especially for large-scale investing.
• Real estate deals demand prolonged negotiations, extensive documentation, and multiple parties, unlike instant stock transactions.
• He highlighted liquidity as a key advantage, with large equity deals closing in seconds versus weeks or months for property.
• Berkshire Hathaway's 2008-09 real estate ventures showed disproportionate effort for returns compared to securities.
• Charlie Munger, though enjoying real estate, would likely choose stocks for their scalability and efficiency if forced to pick early.

Why It Matters: Buffett champions equities over real estate for their unparalleled speed, liquidity, and efficiency in investing.