Quote:
Originally Posted by emilybh
Sizing people up based on their cars is rediculous. A lot of people with real money (old money) drive very conservative practical cars and certainly don't flaunt the fact that they have money. Many live in very conservative homes as well. Look at Warren Buffet for example. His lifestlye is very plebian compared to what he could really afford but he doesn't have to PROVE anything to anyone. I think it is all just a mind set. If people need to see you driving a late model BMW to accept you, you probably wouldn't care to be their friend anyway and they probably aren't worthy of your friendship either.
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Although Warren Buffet's house is modest for a billionaire, it is not a modest home by traditional standards. The house he bought in 1958 for $31,500 has 5 bedrooms and 6234 square feet. It had a tax value of around $700,000 in 2005.
I doubt I would move from a family home of that size and comfort either.
Also, he owned a $7,000,000 vacation home in Orange County, CA.