Warren Buffett (left) and Astrid Menks.Scott Olson / Getty Images
Warren Buffett’s wife reportedly balked at the $4 cost of a coffee at Sun Valley.
Astrid Menks’ reaction aligns with her husband’s approach to life, investing, and dealmaking.
Buffett lives simply, seeks value as an investor, and strikes a hard bargain when he cuts deals.
Warren Buffett detests high inflation, and it appears the billionaire’s wife does too. Astrid Menks balked at paying $4 for a cup of coffee at Sun Valley this week, noting she “could get a pound of coffee” for that price in other places, the New York Post reported on Thursday.
Her reaction won’t surprise close followers of Buffett, or shareholders of his Berkshire Hathaway conglomerate. The 92-year-old investor ranks among the world’s richest people thanks to his $114 billion of Berkshire stock, but he lives a famously frugal lifestyle, and has made prudent spending a cornerstone of his investing and dealmaking style.
Indeed, Buffett still lives in the…
2023-07-15 13:30:00
Article from finance.yahoo.com