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Re: VeronicaFox post# 1343

Thursday, 11/09/2023 10:04:05 PM

Thursday, November 09, 2023 10:04:05 PM

Post# of 1377
WB might well have gotten those three blue chips WITHOUT trading them, by way of Inheritance from his prosperous US Congressman/stock broker father who died at age 60 on April 29, 1964, around the time Berkshire Hathaway was launched as a holding company. Entirely reasonable for BRK to emulate some of Pop's favorite holdings, especially widely held blue chips like JNJ and perennial WB/Munger favorite, Wells Fargo.

I don't understand about the Walmart shares. WMT didn't go public until 1970. Warren's inheritance has never been publicly spelled out.

Several online sources say WB became a millionaire around 1962 and was involved with a lot of stock via several investment partnerships.

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