3 ms·
Back in the mid 2000s I was working on a stock ticker display for an embedded device. I got into regular arguments with people that couldn't be convinced that
by joezydeco 6y ago
Back in the mid 2000s I was working on a stock ticker display for an embedded device. I got into regular arguments with people that couldn't be convinced that a stock price would ever exceed 3 digits.
BRK.A was written in black Sharpie on a post-it above my desk, I would just point to it. I think it was $90,000 back then.
- paulpauper 6y agoamazing how much it has gone up since then. in large part due to the stuff that is not public like the insurance businesses
- lotsofpulp 6y agoFrom what I can tell, BRK has not been remarkable for at least 10 years now. Or at least since the Goldman deal where Buffett famously got a discount. In fact, I’m pretty sure Buffett lost out on a ton of growth because he was anti tech for a while, since he liked to claim he did not invest in businesses he did not understand. I doubt the insurance companies are driving BRK’s price growth anyway. The biggest contributor is probably his stake in Apple. Any broad market index fund ETF probably did just as well, if not better. https://www.google.com/finance/quote/BRK.A:NYSE?comparison=NYSEARCA%3AVTI&window=5Y https://www.google.com/finance/quote/BRK.A:NYSE?comparison=N...
- Scoundreller 6y agoAAPL is 43% of BRK.A. 5 stocks get you to 75%.