Libs Posted May 27, 2022 Share Posted May 27, 2022 (edited) This was in Barrons a couple of weeks ago. Sounds like a great bar bet. I've tried it out on friends and they guess 50-60%.... The math is - Berkshire stock was $20 in 1965; had it compounded like the S & P - 10.2% CAGR- it would be worth ~$4900. But Berkshire has compounded at 20%; and the A shares when the article came out were $490,000. Voila - it would take a 99% drop to hit $4900. Somewhere I read Buffett had a response to this, something along the lines of "let's not test the math." Edited May 27, 2022 by Libs Link to comment Share on other sites More sharing options...
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