Buffett_Groupie Posted December 13, 2017 Share Posted December 13, 2017 "The company that needs a new machine tool, and hasn’t bought it, is already paying for it. " - Charlie Munger quoted the Warner & Swasey Commercial in Poor Charlie's Almanac "The investor who discovered Berkshire Hathaway early and didn't own it, is already paying for it." :) Enjoy: http://finance.yahoo.com/quote/BRK-A One of you folks should simply place an order for $300,000 to make history! LOL ;D Link to comment Share on other sites More sharing options...
bookie71 Posted December 13, 2017 Share Posted December 13, 2017 I pay for it every year. When I first started my Keough (proprietorship profit sharing plan) I had enough to buy 10 shares at somewhere around 600 per share. I let the broker talk me out of it. I pay each year and no longer listen to brokers. I finally started listening to myself at 19,000. Link to comment Share on other sites More sharing options...
Buffett_Groupie Posted December 14, 2017 Author Share Posted December 14, 2017 Like your tag-line: "Always remember, Pigs get fat and hogs get slaughtered." In this case, your broker should be slaughtered! Link to comment Share on other sites More sharing options...
stahleyp Posted December 15, 2017 Share Posted December 15, 2017 What year was it around $600? Link to comment Share on other sites More sharing options...
John Hjorth Posted December 15, 2017 Share Posted December 15, 2017 About 1982, Paul. Link to comment Share on other sites More sharing options...
stahleyp Posted December 20, 2017 Share Posted December 20, 2017 Thanks, John. Crazy to think about! Link to comment Share on other sites More sharing options...
Guest longinvestor Posted December 20, 2017 Share Posted December 20, 2017 I do want to focus on the post-GFC period for a moment. Berkshire has basically tripled. As a regular around here, the majority sentiment has not been commensurate with the unfolding of Berkshire's value. Surely, many have done even better with other ideas than what Berkshire has done (as we will surely see in upcoming 2017 performance related posts). Good for them, but imo, there has been much sentiment that would be the same as that received from brokers mentioned from 1980's....it is easy to get talked out of investing. Especially in Berkshire. Listen to yourself. Link to comment Share on other sites More sharing options...
John Hjorth Posted December 20, 2017 Share Posted December 20, 2017 ... Listen to yourself. Thank you for taking the initiative to give this topic some more substance, longinvestor. Perhaps I should have quoted some more here of your post... - At least what I have quoted here nails it. Perhaps a likely better exercise [no critism indended here] would be to look at the year end 2008 financials for Berkshire [or some nearby end quarter reporting, at your discretion] and to try to compare it with 2017Q3 Berkshire reporting - just grab the income statement, balance sheet and cash flow statement for each period, of your own pick. Link to comment Share on other sites More sharing options...
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