William Tell said:
@LANGEO ... Warren Buffet and B. Hathaway (BRK) has not been profitable for a Very long time. He had his day and is no longer Relevant.
finance.yahoo.com/.../the-truth-about-warren-buffetts-investment-track-record-morning-brief-113829049.html
William Tell keep it real brother.
Berkshire Hathaway stock: Then and now
At the end of 2017, Berkshire Hathaway's Class A shares, the ones that have existed since 1964, traded for approximately $297,600 per share. According to Berkshire's 2017 annual report, the stock has produced an overall gain of 2,404,748% in the 1964-2017 time period.
This implies that Berkshire Hathaway's stock price was just $12.37 at the time Buffett took over the company. And it also means that a $10,000 investment would have bought 808 shares of the company, which would be worth more than $240 million as of the end of 2017. That's the power of high investment returns when they're sustained over long time periods.
Despite the stock's incredible performance, you might be surprised to learn that Buffett has referred to his initial purchase of Berkshire Hathaway as a big mistake. To make a long story short, Buffett never wanted to buy Berkshire Hathaway but did so out of spite, when the then-manager of Berkshire refused to honor his agreement to buy Buffett's stake for a certain price.
By Buffett's own estimates, if he had simply accepted the lower price for his Berkshire shares and started buying insurance companies, he would have earned an additional $200 billion in profit for himself and his investors. So Buffett's performance could have been even better, had he not made this one "mistake."