Post #6218 by very stable genius on the Berkshire Hathaway board

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

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No. of Recommendations: 6

I did like his quote from The Bloomstran Report...

"Several years ago in a letter to Warren Buffett I mentioned having calculated a startling truth:
Berkshire could lose 99.3% of its market value and still would have outperformed the S&P500 from when he took over.
Warren responded, I'm sure Ben Graham would be proud and call it a margin of safety, but let's not put it to the test.
Later that year at a Wesco meeting I mentioned the same remarkable statistic to Charlie...Charlie's instant reply, Well of course, Chris,
that's just simple compound interest!"

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