Subject: Re: Hold the damn stock
Baybrooke, dad owned a whopping 100 shares of Berkshire, not worth much even relative to inflation in early 1975. I thought, if not mistaken, that the stock was up about 5% at some point today before slightly coming back down. I just right-brained it and tossed out a rounded figure.
The point of it really is that so many call him grandpa or old man Buffett or whatever, so trapped in the moment...they just do not grasp what was accomplished at Berkshire over time.