Subject: Punched Card
Today’s Kingswell brings back memories for some of us generating,hauling & storing boxes of these “bits”.
Before Berkshire: Warren Buffett's Tab Card Triumph
“So what happened? The company changed its name to Data Documents. He owned the investment for 18 years. He ended up putting another $1 million into it over time. It was bought out by Dictograph in 1979 and he earned a 33% compounded return over the 18 years that he owned the investment. So it was not too bad.”
https://www.kingswell.io/p/bef...
ciao