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bar1080

08/03/20 11:48 AM

#1389 RE: Prudent Capitalist #1388

"BRK can be thought of as 50% Apple, plus some major banks, plus Coca-cola and then a bunch of minor holdings."

Right. I should have added B&N and the privately owned insurers, including GEICO, to that short list of major holdings. Precision Castparts has surely declined in value since BRK bought it. Nice to see BRK nudging above $200 today.

BTW, I've made far more money following Buffett's methods than I've made in BRK stock which I've only owned for about two years. Bought my first index fund about 35 years ago. A lot of my investment success is directly owed to John Bogle.