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Berkshire Hathaway Inc. Message Board

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  • zino44 zino44 Sep 11, 1998 6:11 PM Flag


    Then how has BRK gained 24% a year for 35 years
    while the separate stocks (while held) have appreciated
    at a substantial smaller rate?

    There's just a
    small part left out here and that is the float produced
    by having insurance funds at no cost each

    And that's about a third of Berkshire's

    So Berkshire is certain to do better than the market
    over time. It is a simple concept that brain dead's
    don't grasp.

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