Post #7810 by knighttof3 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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That's 6.5% CAGR for 27 years in REAL DOLLARS (inflation adjusted).

I can beat that by 1% over twice the period. 54 years ago my Dad bought a flat in Bombay (now Mumbai) for $3000. Now it's worth $1 million. That's a nominal CAGR of 11.35% or real CAGR of 7.47%. In US dollars. A lot more nominal (and a lot less real - over those years average inflation was 7.3%/year in India) in Rupees because the USD:INR ratio has gone up from 8 to 83 in 54 years.

But some might point out that Mumbai is not India any more than San Diego or California are US.

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