Subject: Re: Favorite Charley Quotes
That’s so interesting— I did something very similar.

I set up joint brokerage accounts for my kids when they were born and bought some Berkshire B shares in the accounts. The money was supposed to be used for college expenses, but when the time came I couldn’t make myself sell the shares so just funded their college expenses using other means. I recently turned those accounts over to them with and the Berkshire shares have appreciated nicely. I told them please don’t sell the shares so the compounding can continue. We shall see how that goes! 😬