Buffett_Groupie Posted August 10, 2014 Share Posted August 10, 2014 https://finance.yahoo.com/q?s=BRK-A&ql=1 Enjoy and cheers! Link to comment Share on other sites More sharing options...
augustabound Posted August 10, 2014 Share Posted August 10, 2014 Funny, I hadn't really thought of Berkshire stock in a while, outside of what Ted and Todd are doing. I looked this up this morning and wondered how long until $200k too. :D Then I wondered how long until $500B market cap. Link to comment Share on other sites More sharing options...
caprivenky Posted August 11, 2014 Share Posted August 11, 2014 Will it ever reach one million Link to comment Share on other sites More sharing options...
augustabound Posted August 11, 2014 Share Posted August 11, 2014 Will it ever reach one million Growing at 8.5%, it'll take 20 years. See you in 2034. ;D Link to comment Share on other sites More sharing options...
Buffett_Groupie Posted August 11, 2014 Author Share Posted August 11, 2014 It's good to under-estimate by everyone and over-deliver by Buffett! Besides, 8.5% compounded for 2 decades years without paying any taxes (until sale) is much better than 8.5% dividend or interest income, right? In addition, if you borrow money at 3% to get 8.5% while the interest expense is 100% deductible against your personal income, then your effective borrowing rate is less than 2%, which translates to even higher return than 8.5%! LOL :) Link to comment Share on other sites More sharing options...
Guest longinvestor Posted August 11, 2014 Share Posted August 11, 2014 It's good to under-estimate by everyone and over-deliver by Buffett! Besides, 8.5% compounded for 2 decades years without paying any taxes (until sale) is much better than 8.5% dividend or interest income, right? In addition, if you borrow money at 3% to get 8.5% while the interest expense is 100% deductible against your personal income, then your effective borrowing rate is less than 2%, which translates to even higher return than 8.5%! LOL :) +1 I will happily take 8.5% over 30 years. That return comes with sleepwell pills. Actually getting more myself thus far. I chuckle when reading message board posters make point estimates over 30 years with such certainty. Link to comment Share on other sites More sharing options...
Buffett_Groupie Posted August 12, 2014 Author Share Posted August 12, 2014 Making another run for $200,000: :) http://finance.yahoo.com/q?s=brk-a&ql=1 Link to comment Share on other sites More sharing options...
augustabound Posted August 12, 2014 Share Posted August 12, 2014 Making another run for $200,000: :) http://finance.yahoo.com/q?s=brk-a&ql=1 Now you've got me ticker watching for a stock I don't own. :P Link to comment Share on other sites More sharing options...
Buffett_Groupie Posted August 12, 2014 Author Share Posted August 12, 2014 If it doesn't reach the milestone tomorrow, one of you can simply place an order for $200,000 to make me happy! LOL :) Link to comment Share on other sites More sharing options...
augustabound Posted August 12, 2014 Share Posted August 12, 2014 If it doesn't reach the milestone tomorrow, one of you can simply place an order for $200,000 to make me happy! LOL :) I was just going to reply to the thread by telling you to put yourself out of your misery and put in a market order at the open for $200k. ;D If you're lucky with an M.O. you may get it for $210k. :P Link to comment Share on other sites More sharing options...
Buffett_Groupie Posted August 13, 2014 Author Share Posted August 13, 2014 Expecting to be out of misery today! LOL :) Link to comment Share on other sites More sharing options...
augustabound Posted August 13, 2014 Share Posted August 13, 2014 I don't normally watch volume or pre-market etc. But apparently pre-market it was at $199999 according to the always trusty Google finance. Somebody's toying with us. ;D Link to comment Share on other sites More sharing options...
gfp Posted August 14, 2014 Share Posted August 14, 2014 it happened, fwiw Link to comment Share on other sites More sharing options...
augustabound Posted August 14, 2014 Share Posted August 14, 2014 it happened, fwiw I don't feel any different.............. ;D Link to comment Share on other sites More sharing options...
fareastwarriors Posted August 14, 2014 Share Posted August 14, 2014 There's even an article on CNBC about it. http://www.cnbc.com/id/101914667 Link to comment Share on other sites More sharing options...
Hielko Posted August 14, 2014 Share Posted August 14, 2014 Also got a push message from Bloomberg. Apparently an important event... Link to comment Share on other sites More sharing options...
Buffett_Groupie Posted August 14, 2014 Author Share Posted August 14, 2014 Fill in the blanks: It took 20 years from IPO at $12 to $1,000. - 9 years from $1,000 to $10,000 - 14 years from $10,000 to $100,000 8 years from $100,000 to $200,000 (today, August 14, 2014) ?? Years from $200,000 to $1,000,000 Link to comment Share on other sites More sharing options...
Guest longinvestor Posted August 14, 2014 Share Posted August 14, 2014 Fill in the blanks: It took 20 years from IPO at $12 to $1,000. - 9 years from $1,000 to $10,000 - 14 years from $10,000 to $100,000 8 years from $100,000 to $200,000 (today, August 14, 2014) ?? Years from $200,000 to $1,000,000 12 2026 Link to comment Share on other sites More sharing options...
Guest longinvestor Posted August 14, 2014 Share Posted August 14, 2014 Fill in the blanks: It took 20 years from IPO at $12 to $1,000. - 9 years from $1,000 to $10,000 - 14 years from $10,000 to $100,000 8 years from $100,000 to $200,000 (today, August 14, 2014) ?? Years from $200,000 to $1,000,000 FWIW, there was a second coming of the $ 100000 milestone in 2009. So it doubled in 5 if you use this as the baseline Link to comment Share on other sites More sharing options...
rpadebet Posted August 14, 2014 Share Posted August 14, 2014 Fill in the blanks: It took 20 years from IPO at $12 to $1,000. - 9 years from $1,000 to $10,000 - 14 years from $10,000 to $100,000 8 years from $100,000 to $200,000 (today, August 14, 2014) ?? Years from $200,000 to $1,000,000 12 2026 14 2028 Link to comment Share on other sites More sharing options...
Buffett_Groupie Posted August 14, 2014 Author Share Posted August 14, 2014 I will any less than 15! :) Link to comment Share on other sites More sharing options...
Kraven Posted August 14, 2014 Share Posted August 14, 2014 The correct answer is that it doesn't matter. It's priceless and should never be sold at any price. The goal of every real Berkshire investor should be to convert their shares to certificated form 1 minute before their death and be buried with them. Link to comment Share on other sites More sharing options...
augustabound Posted August 14, 2014 Share Posted August 14, 2014 The correct answer is that it doesn't matter. It's priceless and should never be sold at any price. The goal of every real Berkshire investor should be to convert their shares to certificated form 1 minute before their death and be buried with them. You're not done yet. We shall be cremated with the share certificate and have the ashes spread on our Messiah's front lawn. Link to comment Share on other sites More sharing options...
oddballstocks Posted August 14, 2014 Share Posted August 14, 2014 The correct answer is that it doesn't matter. It's priceless and should never be sold at any price. The goal of every real Berkshire investor should be to convert their shares to certificated form 1 minute before their death and be buried with them. I thought you were supposed to convert them to B shares in certificate form (so you'd have more certificates) then make a suit out of the certificates. You of course would be buried in the suit. It's buy and hold forever right.. I heard Buffett has already papered his future coffin with Moody's manuals. He sewed the pages with 100 bills. Link to comment Share on other sites More sharing options...
Kraven Posted August 14, 2014 Share Posted August 14, 2014 I am told by a well informed source that gazillion jillion is a number, so my question is how long until an A share is a gazillion jillion? Link to comment Share on other sites More sharing options...
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