I guess you haven't heard of savings accounts or CDs....by the way did you have a chance to ask Warren about the dividend income BRKA and BRKB holders never see and how much of it may be going to the Hillary campaign?
Patience, patience....I know most "Berkies" would rather follow blindly and wishfully but if you take the time to analyze you will find that, at best, this is about 10% growth stock...you'll get to $200 in about 3+ years....and 10% ain't so terrible..better than a savings account or CD....now if you want to beat the 10% you'll have to do some work and analyze the individual stocks making up the Buffet portfolios ... those are the gems you need to research and take a little risk with...and guess what you'll find that you get a nice dividend on many of these.....or just stay "fat, dumb, and happy" and enjoy the 10%.
Yep!!! The price of fuzzy rascal at the meeting went SKY HIGH some say? I dunno? I don't do stuff like that!!
Hope that heps
Sentiment: Strong Buy
While you're having lunch would you please ask how much of the BRKA and BRKB dividend income is going towards the Hillary campaign? Thanks.
Over the last year BRKB has done much better that a bank savings deposit...hurray for 2% vs. .05% but, my god!... FANG (FB, AMZN, NFLX, and GOOG) have dwarfed BRKB with returns in excess of 20%...so here's my question to all you smug in the rug "BERKIES" : If FANG does so well and consistently beats the pants off of BRKB why the heck doesn't Warren add some to the portfolio???!!