Jump to content

On the race to the new milestone: $300,000/share!


Buffett_Groupie
 Share

Recommended Posts

  • Replies 55
  • Created
  • Last Reply

Top Posters In This Topic

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

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

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

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

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

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

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

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

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

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share




×
×
  • Create New...