Originally Posted by
Trip7
Berkshire Hathaway is a conglomerate of multiple businesses. Taking the money and investing it in 8-10 cash-flowing businesses with little to no debt and paying a reasonable multiple of that cash flow is much better than paying off a mortgage. All it requires is 4th-grade-level math so one can read an income statement, balance sheet, and cash flow statement. If one is not able or willing to do that, the Dave Ramsey approach, which is better tailored to the financially illiterate, is fair game.
Yeah fourth grade education, which is why 95%* of active investors beat the market. Oh wait, it's 95% that don't beat the market.
If it's so easy I'm not sure why you're a pilot and not the wolf of wallstreet right now.
I'm not even arguing that investing beats paying down the mortgage, I'm just making fun of the absurd $750mil example that was thrown out there.
*I don't remember the actual number and am too lazy to look it up, but it's around there.