Buy a high-performance Mercedes-Benz CLS63 AMG coupe or take a 2 months round-the-world cruise in a royal suite on Queen Mary 2 or buy a single stock of Berkshire Hathaway (BRKA). Yes, a single stock of BRKA, a holding company owned by Warren Buffett (2nd richest man in the world), is costing more than 100,000 $ (approx 46 Lakh Indian Rupees). Share price of BRKA became the first stock to reach the six-digit mark at $104,000. So the fact is, if one had put $10,000 into Berkshire Hathaway stock in 1970s, he would have over $50 million now. Buying his first stock at the age of 11 at 38$ and now handling a holding firm of annual revenue 81 billion $, its just awesome investment strategies implemented. Being mentored under Benjamin Graham and fostering his growth on the concept of "investment cigar butts" :)) is truly a living legend investor. "Cigar Butts" are the companies who have been discarded by the stock market but who still have a few "puffs" of values left in them. Benjamin Graham's "The Intelligent Investor", probably still considered the bible of investors, explains it well. Finding such companies requires a tremendous patience and intense balance-sheet analysis. Working merely on this concept his investment foresight convinced him to buy coca cola in 1988 for 11$ when it was a wall street failure converting it to be a whooping 13 billion $ current stake and adding many more bigger names in his portfolio which were earlier a big failures. No matter a common man can never think of buying a stock of BRKA, but can always give reverence to a common man who built up this stock. Its just amazing.
posted by Rupreet @ 3:41 PM
4 Comments:
are you gravitating towards business writing now dude?
Punit
Dude what is it!!!......its 80% fees of US top 10 MBA!!!
I saw Public, NYSE:BRK.A and Public, NYSE:BRK.B?What is the diff between BRK.B and BRK.B?
Is it because people are not willing to sell BRK stock....beacuse of "Sage of Omaha's" effect?
What is so unique about their business?
And how does is stick price justified by fundamental analysis? looking forward to some ans ....
Why did u deleted our comments?
sorry :)) didnt wanted junk things on my blog lol
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