1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Berkshire Hathaway

Discussion in 'BlackHat Lounge' started by blackhat50, Jan 24, 2010.

  1. blackhat50

    blackhat50 Regular Member

    Joined:
    Oct 22, 2008
    Messages:
    336
    Likes Received:
    103
    $1,000 dollars invested in this same company in 1957 to 2008 would now be worth $25,000,000.00*

    Did anyone buy brk.b after the 50 for 1 split? I did.

    http://finance.yahoo.com/q?s=BRK-B

    Basicly i'm just wondering if anyone else follows this stock or knows anything about it



    warren buffett's company Berkshire Hathaway

    look at brk.a
    went from 6grand(1990's) per share to 150grand per share (2008)

    this company is a great growth play.

    brk.b went from 1k in 1996 to 5k in 2008

    now with the 50:1 split you can buy in at 70 a share. "brk.b" , brk.a is still around 110k a share


    in 1957 this stock was at 6 dollars a share, in 2008 it was 147,000 a share,

    last 14 years its avg return has been 12%yearly (recession)
    over the past 20 years it has been 16%yearly
    over the past 50 years it has been 20.246%yearly

    if interest is calculated "compound yearly"
    source:
    http://www.planningtips.com/cgi-bin/savings.pl


    *source:Good Morning America / Warren Buffett's Financial Rules to Live By
    http://www.youtube.com/watch?v=gUAtVyWS_4Y&feature=related
     
    • Thanks Thanks x 1
    Last edited: Jan 24, 2010
  2. blackhat50

    blackhat50 Regular Member

    Joined:
    Oct 22, 2008
    Messages:
    336
    Likes Received:
    103
    no thoughts?:confused:
     
  3. zander64

    zander64 Junior Member

    Joined:
    Nov 25, 2008
    Messages:
    129
    Likes Received:
    36
    If only we could travel through that damned wormhole, go back and buy 100000 shares at 6 bucks a pop. In this economy, anyone who goes long the market needs to have their head examined. i would sell it short for the next 6 months. There is a HUGE bubble about to burst in china. And when that happens we may test the lows of last march. just my 2 cents on the matter
     
  4. pintonbd

    pintonbd Power Member

    Joined:
    Feb 12, 2008
    Messages:
    619
    Likes Received:
    186
    Occupation:
    Banker
    buffet is a great investor
     
  5. Crooker

    Crooker Newbie

    Joined:
    Jun 1, 2009
    Messages:
    0
    Likes Received:
    483
    Fitch and S&p have a negative rating.
    I don't know about moody's but i'm guessing they put it in the same spot
    Fitch did so NOV 2009.
    It's a financial insecure company with loads of louche daughter businesses.

    Buying stocks is not for the average joe.
     
    • Thanks Thanks x 1
  6. biks

    biks Power Member

    Joined:
    Oct 28, 2008
    Messages:
    713
    Likes Received:
    376
    Occupation:
    Video editor, graphics guy
    I took Buffets advice and bought some shares of an index fund back when the DOW was around 7000. Very boring, not sexy but wadda ya know...I made money.
     
  7. polymath

    polymath Registered Member

    Joined:
    Oct 5, 2009
    Messages:
    91
    Likes Received:
    14
    If that's the case, I'll be waiting to buy at the lows:D
     
  8. sandchica

    sandchica Regular Member

    Joined:
    Sep 25, 2008
    Messages:
    223
    Likes Received:
    235
    No, but I know someone who bought in many years ago. Now he has plenty of cash just laying around all over the place. Must be nice eh?
     
  9. warp0011

    warp0011 Junior Member

    Joined:
    May 13, 2008
    Messages:
    137
    Likes Received:
    66
    Occupation:
    IT Executive
    Home Page:
    Many people spell Buffett wrong. It is Buffett with double 't', instead of single 't'.
     
  10. JuicyBlack

    JuicyBlack Regular Member

    Joined:
    Nov 27, 2008
    Messages:
    395
    Likes Received:
    179
    Location:
    Dark n Wet Place
    gotta love that blue chip.... and Buffetology as well
     
  11. blackhat50

    blackhat50 Regular Member

    Joined:
    Oct 22, 2008
    Messages:
    336
    Likes Received:
    103
    i got negative Rep cuz of this thread. lol, i honestly laugh when people have high rep on any forum, its useless and its exploitable. so its valueless. unless your newbie its meaningful

    "Berkshire Hathaway 01-31-2010 06:22 PM low-life, arrogant scammer "



    look at the rep i got? arrogant scammer? lol must of been a [edited out], i'm not warren buffett so i dunno how i'm a 'arrogant' scammer' or even the 'scammer' from this thread.

    rep = shit.

    i thought you were able to find out who gives negative rep?
     
    • Thanks Thanks x 1
  12. YoungGuns

    YoungGuns Regular Member Premium Member

    Joined:
    May 26, 2008
    Messages:
    340
    Likes Received:
    267
    Location:
    Tennessee, US
    Not anymore...unless your a mod...
     
    • Thanks Thanks x 1
  13. cl.eddien

    cl.eddien Newbie

    Joined:
    Dec 19, 2009
    Messages:
    11
    Likes Received:
    1
    There's lots of examples, Yahoo, google - the point is to identify them before they happen and pump and dump - trouble is identifying those areas?
     
  14. blackhat50

    blackhat50 Regular Member

    Joined:
    Oct 22, 2008
    Messages:
    336
    Likes Received:
    103
    i bought on the 50:1 split at 71.47$ holding long term atleast 5 years goal is 20-30 years.


    also, i got another negative rep from this thread, just shows you that the REP system should be taken away, its useless

    Berkshire Hathaway 02-02-2010 04:41 AM **
     
  15. blackhat50

    blackhat50 Regular Member

    Joined:
    Oct 22, 2008
    Messages:
    336
    Likes Received:
    103
    Berkshire Hathaway 02-04-2010 05:49 PM dickhead!
    Berkshire Hathaway 02-03-2010 03:13 PM lol

    lol more negative rep, i guess i can only use blackhatworld for member downloads:cow_yello

    well atleast my stock(berkshire b) is up

    making that money
     
  16. blackhat50

    blackhat50 Regular Member

    Joined:
    Oct 22, 2008
    Messages:
    336
    Likes Received:
    103
    up 10$ dollars since i brought it up around 80ish from 70
     
  17. blackhat50

    blackhat50 Regular Member

    Joined:
    Oct 22, 2008
    Messages:
    336
    Likes Received:
    103
    9-2 81.18$,