Friday, June 13, 2014

Cost Basis of $20 in Berkshire Hathaway 'A' Shares! $BRK

A Motley Fool thread with a long time holder talking about how he got involved:

"In 1969 Forbes ran a feature interview with Omaha investor Warren Buffett, discussing his past successes and his recent bargain purchase of textile manufacturer Berkshire Hathaway, at market prices of less than even the company’s working capital per share (more on that shortly). Berkshire could be had in the mid-$30’s by then. Five years later, in Forbes' famous 'oversexed man in a harem' interview, they were already referring to Buffett as 'sage of Omaha'."

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