So I get asked all the time if I own Berkshire Hathaway shares... the answer is "HELL NO"... and people are shocked. Obviously they know the name and the famous DEMOCRATIC midwesterner Warren Buffet and they think he's some kind of a god or something and I just think he's an old smart guy that doesn't really understand the stock market.
This stock is over a hundred grand per share.... and DOES NOT pay a dividend... and has a whopping 11.6% TEN YEAR growth. REALLY -- 10 YEARS to get 11.6%???
Not in my portfolio! I get 5% per year in dividend off of simple names... and when you do the total return comparo -- there's no way you'd buy this stock. The 10 year TOTAL RETURN is 10.6% ---- WOW!!! And not WOW in a good way!
If Warren wakes up dead (that was meant to be funny).... you're going to be down 10% plus or more -- so would you risk that for a 10 year total return of 10.6%??