Post #9525 by Sals-Dad on the Berkshire Hathaway board

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

Unthreaded | Threaded | Whole Thread (33)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 14

I used about half my available cash to buy Berkshire, October 20-something 1987.

My soon-to-be-father-in-law, a stockbroker, seemed to think this was quite rash, and that there were good reasons for the recent general decline in prices, something about the Fed, or taxes, or whatever.

But I had been watching Buffet since I was a kid, and it seemed like a 30% decline (for no apparent reason) might be a buying opportunity.

And what happened to the other half of my cash? A nice honeymoon….Berkshire was around $100K when the marriage ended.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (33)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.