I’ve been looking at buying a few BRK-B shares, and I noticed that Yahoo’s finance page for that stock has no analyst info. Anyone know why that would be? It’s a pretty significant stock, and I’ve never seen a stock of that stature that didn’t have analyst opinions in Yahoo finance.
Holy crap… did you look at their website? It literally looks like Warren Buffet did it in his pajamas. Knowing Warren Buffet, he probably did.
There is for BRK-A, I imagine they would mostly mirror each other?
Writes the wealthiest human on earth.
YOU FUCKING ROCK, WARREN!
Warren was not born a car salesman: A Message From Warren E. Buffett
Knowing Warren Buffet, he doesn’t care how his website looks. People are always banging down the door and he doesn’t want to make it any easier for people to invest by silly things like splitting stocks so that regular people can buy them. God bless him. He is one of the only people in the world that can make such a strategy work. The investment world is full of high-powered MBA’s whose primary achievement is beating an index fund 2 out of 5 years (they would have lost against a heroin addict with brain damage that just threw everything into an index fund).
I found this at morningstar.com. The stock closed on 5/28/08 at $4338 a share.
Yeah, it’s the most bare bones web site I’ve seen in years!
I live about three quarters of a mile from Warren Buffet. The wealthiest man in the world has lived in the same house since the fifties, and doesn’t even have a fence around his property. We see him pretty often in a small, family owned Italian restaurant not far from where we live, and once in a while we see him at the mall.
I think you’ll find a lot of “smart” millionaires and billionaires (ie, not the Britney Spears/Michael Jackson flashy kind) live a relatively modest lifestyle. I’m not saying they don’t have perks, like housekeeping and lawn service and nice vacations, but they live well below their means, considering their net worth.
The best part about the website is the ads.
I agree with what you’re saying, but would it even be possible for Warren Buffet to not live below his means?
I haven’t been able to find much.
Here is what I found for the class A shares.
Hey, it’s Berkshire - just buy some.
Sure, I heard someone’s got a 10,000 kg sphere of gold sitting around he could buy. He could make an epic model solar system with a few of those.
It’s up 2% over the last two days. Wish I had already done so…
Buffet is not infallible, but darned close. He had a bad year or two when he over-invested in the insurance industry. The share price is intentionally high, because he can’t be bothered with flighty investors buying and selling on a whim.
Well, when you’ve got Michael Jackson’s Neverland going into foreclosure, yes, I’m sure if he really wanted to blow it, he could. Houses, fully staffed, in every state, vacation manors abroad, private jets, frivolous purchases. It may take him a few years, but it might be possible.
It’s easy to blow through the first billion or two. An enormous yacht or a fully-outfitted 777 runs close to half a billion. I think the Saudi palace cost over a billion. (All of which could be done for less, if you ask me.) But to spend 60 billion is quite a bit more of a challenge, if you don’t just want to keep repeating yourself.
He could cut me a check and be done with it in a few seconds.
Buffet now gives away much more than he spends on his own. It was such a PITA running the charitable part that he combined his foundation with the Bill And Melinda Gates foundation. Bill and Melinda work full time on the foundations, and Warren doesn’t have to mess with it. The Gateses actually enjoy that kind of work, so everybody’s happy.