Jump to content

Leaderboard

Popular Content

Showing content with the highest reputation on 09/16/2023 in all areas

  1. Yea Greg, my step-sister inherited my step-mom's Berkshire stock. She lives in Raleigh now with her lawyer husband, children, and grandchildren. She's 2 years younger than me. She's flipping out in joyous praise that "we" - that's all of us - that got dad's 100 shares (my part worth less than $5,000 at his death - never sold. The praise isn't really so applicable to me given I could not sell for nearly two decades (the trust came at age 30) and by then I was off into the la la land of busy and had attained a lifestyle of both knowledge of how to life well cheaply and an understanding of who this Buffett guy was. But my older siblings, quite a bit older, didn't sell either. In the end in taxable money if you have good compounding businesses that you don't sell you are literally making many superb decisions all the time, literally constantly, without ever thinking or actually making a decision at all. Sometimes, or really all the time, others just do not accept this way of seeing it. But I do. I am astonished at some of the things that have occurred with holding stocks. Some here keep telling me that I'd have done better in bonds, yet I inherited $47,000 in 1975 and I get several hundred thousand dollars of dividends on that stuff today? Then the AJG merger where I guess I could have taken cash and bought bonds, we get $136,000 in div's on that? And the largest holding is still BRK...that doesn't pay a div at all? Oh my! Bonds here we come!
    1 point
×
×
  • Create New...