No-one should have been surprised by Warren Buffett’s quiet resignation last Saturday. He will, after all, be 95 years old when he steps down at the end of the year. But it still came as a shock. A bit like Bob Dylan,

Real estate has long been a go-to asset for building wealth in America, offering income through rent and potential gains through appreciation. But according to investing legend Warren Buffett, there’s one asset class he — and his late business partner Charlie Munger — would take over property any day.

Warren Buffett is retiring. The 94-year-old "Oracle of Omaha" led Berkshire Hathaway for more than a half-century, accruing a fortune and ascending to the status of capitalist-cultural icon along the way.