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Re: MrBankRoll post# 384

Thursday, 05/29/2008 3:25:10 PM

Thursday, May 29, 2008 3:25:10 PM

Post# of 681
"A jug fills drop by drop."

-- Buddha

While many chase runaway investments that will make them spectacularly rich in short order, it's telling that one of the best companies to own over the last several decades -- Berkshire Hathaway (NYSE: BRK-B) -- has compounded its book value per-share at 21.1% per year since 1965. That's an astonishing performance, of course, but it happened slowly enough to cause those looking for instant success to dig elsewhere. While quick multibaggers can be appealing, massive fortunes are more often awarded to those patient enough to let the magic compounding strut its stuff over time.

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