Subject: Adding zeros to Berkshire
Buffett offered Partnership shares in Berkshire in 1965 at $11.50 per share. Seabury Stanton famously sent Warren the paper work made out for 12.5 cents light.
Around 1971 the share price first hit $60.
1983 $600
1989 $6,000
1998 $60,000
2024 $600,000
It’s has never been too late to ride the Berkshire Hathaway train.
Next big milestone: $1 Trillion dollars market capitalisation only 13.6%, or $120 Billion away. In this market, that should be doable by the AGM!