Skip to main content

Warren Buffett’s Folksy Sex-Joke Writing Hideaway Sold

It’s unclear if the house’s history had anything to do with the steep discount needed to sell it.
  • Author:
  • Updated:
Getty Images

Getty Images

Warren Buffett once said, “It’s only when the tide goes out that you discover who’s been swimming naked.” For more than 40 years, he’s been doing from a relatively modest house in Laguna Beach, Calif. It’s also where he once routinely spent his Christmas vacations crafting the randy bits of wisdom that we all know and love in his annual letters to Berkshire Hathaway investors. And now, a lucky new couple gets to think about what else he may have been doing in that house to inspire those missives.

Billionaire investor Warren Buffett has sold his California beach house for roughly $7.5 million, or 32% less than its original asking price, according to a spokeswoman for the listing agent….

“I feel very good about the couple who bought the house and hope their family gets as much enjoyment from it as our family did,” Mr. Buffett said in a statement.

Well, maybe not quite as much enjoyment.

Warren Buffett Finally Sells Beach House After Big Price Cut [WSJ]


Getty Images

Woman Says ‘Yes’ To Warren Buffett

Which is good, because if Lisa Bridge said “no” or “maybe,” things might not have ended well.

Getty Images

Warren Buffett Having Second Thoughts About Immortality

The Oracle of Omaha may be in his final decade of Oracle-ing.

Getty Images

Warren Buffett Defends Non-Existent Gun Investments

Don’t be ridiculous about Berkshire divesting from companies it doesn’t own but might if they get cheap enough.

Getty Images

Warren Buffett Finds Something Worth Buying

He didn’t have to look that far, either.

Getty Images

Warren Buffett Would Sooner Entrust His Wealth To A 53-Year-Old Corpse Than Any Hedge Fund Manager

The Oracle of Omaha gives a whole new meaning to "passive investing."

Warren Buffett in the Oval Office, July 14, 2010. Pete Souza [Public domain], via Wikimedia Commons

Surge In Warren Buffett Steak-Lunch Index Goes Unnoticed By President Trump

The Oracle of Omaha’s Obama connections means even Trump won’t take public credit for this sign of economic robustness.

Getty Images

Warren Buffett Hates Hedge Fund Activism More Than He Loves GE

He won’t have anything to do with a company that listens to the likes of Nelson Peltz.