3 ms·

Two words: Berkshire Hathaway.

• tomjen3 16y ago
  Ten years ago maybe, but since Buffet has promised to give away his money, why should I trust him to handle mine? His is not hungry for it anymore.
  • AndyParkinson 16y ago
    To be fair, I don't think he ever was that hungry for the trappings of wealth. He just wanted to accumulate. Based on my understanding of Buffett, his entire identity is so wrapped up in Berkshire that you have to assume he will be giving it 110% until the day he croaks. That said, I wouldn't touch BRK. Size is the anchor now and there are very limited opportunities for BRK to grow at the same pace they've grown over the last 25 years.
    • tomjen3 16y ago
      It doesn't matter to me whether he desire wealth to put it under the mattress or to buy hookers, as long as he makes a good profit and is hungry for more. That said, you may be right about the size problem.
• hugh3 16y ago
  Those are, indeed, two words. They'd be more useful if placed into a full sentence, for instance "I think you should put all your net wealth into shares of Berkshire Hathaway" or "I think you should try to replicate Berkshire Hathwaway's investment strategy" or "Hey, you should think about buying a little bit of Berkshire Hathaway as part of a diversified portfolio which also includes other asset classes".
  • Eliezer 16y ago
    "Berkshire Hathaway is something you can defensibly buy that isn't an index fund."