Two 1964 Silver Kennedy Half Dollars are worth $14 today.
What would $1 invested in BRK in 1964 be worth today?
"1962: Warren discovers a textile manufacturing firm, Berkshire Hathaway, that is selling for under $8 per share. He begins to buy the stock." Joshua Kennon
Let's assume it was around $10/share thus giving us a value of $17,500 today for every dollar invested.
Nomore, It is what it is, but in the words of Bill Clinton "it depends on what the meaning of the word is is"
And only Clinton could decipher that.
Turn! Turn! Turn! (Book of Ecclesiastes/Pete Seeger
It will all work out in the end.
Icahn Enterprises, L.P. (IEP)
From 37 to 140 plus today.
Thank you Mr. Iconmakeyousome$. Note: I'm only short puts and now is not the time to sell any more.
"I can hear music"
If you're willing to buy PM at 85.5 per share then shouldn't you also be interested in adding to your position if it dropped another 4%?
I tend to sell puts against stocks I'm buying as was the case with AAPL. Sadly, most of the stocks I'm buying are now paying next to nothing for put premiums so doing nothing is the right thing to do.
However, I do have a few stocks in my sights. Just look at CF which was up 10% today-it's a free cash flow machine. Maybe it drops 10% next week and it's like selling puts against AAPL at 400.
I'm short these covered in my personal account- GREEN MTN COFFEE ROASTER 12/27/2013 $75.00 Call
If they expire worthless I'll sell March 80s next. All option proceeds will be used to buy GMCR coffee for a charity auction I donate to every year.
More gold is coming forth from the depths of the earth everyday.
Today I back to another GMCR brand-Donut and it too I'd give a 7.
I'm still looking for the perfect 10 but I'm not willing to pay $.60 per cup. Perhaps I'll pay up a little because of the holidays.
I'd rather they just continue to buy back their shares and raise the dividend every year. This company is worth 300 and has been buying back shares for 210 that's how wealth is created.
Safeway had a special last week and my wife can't say no to a deal. I'm having my first cup today and it's ok for the $.40 per cup she paid for them. On a scale of 1-10 I'd give their brand a 7.
Currently long GMCR and short Dec 75 and Jan 85 call options and when they expire I'll continue to sell more options.
In my farm account I increased my PM stake by 20% today to 5.5% of the account assets making PM the 5th largest holding in this account.
Sold the balance of my SYA shares to fund the purchase and also increased the cash in this account by about 10% to 5.7% of its assets.
This was in Roth IRA #2. The purchase increased my holdings by 40% to 15.2% of this account's assets making IBM the 3rd largest holding in this account.
Top 10 holdings in this IRA: 1-LO-23.2%, 2-STX-15.4%, 3-IBM above, 4-PM-14.8%, 5-BRKb-11%, 6-COP-4.6%, 7-AIG-2.9%, 8-JPM-1.8%, 9-MRH-1.7%, 10-MO-1.4% with the balance in cash and AAPL.
At lease on one side of the family. How long before the other side catches on?