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bar1080

08/13/20 9:37 AM

#1398 RE: Prudent Capitalist #1397

28-year old Buffett's first "Shareholder Letter" from 1958. He actually said his investors were lucky that one of their stocks stayed cheap so they could add. And he complains that good buys were getting harder to find since the market rose! This letter predates Berkshire Hathaway by many years. Investors were mostly friends of his and his dad's from Omaha. Definitely worth skimming.

https://rbcpa.com//wp-content/uploads/2016/12/1959.02.11.pdf

bar1080

08/14/20 6:18 PM

#1399 RE: Prudent Capitalist #1397

"Buffett's Berkshire Hathaway snapped up Barrick Gold in Q2, sold Goldman Sachs"

"Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) stock moves for the second-quarter are out, revealing a new position in Barrick Gold.

According to a 13-F regulatory filing, Berkshire Hathaway snapped up approximately 20.9 million shares of Barrick Gold (GOLD), a position valued at $563.5 million at the end of the quarter.

Shares of the gold exploration company were last trading up about 3% near $27.76 per share in the after-hours session."

https://finance.yahoo.com/news/warren-buffett-buy-barrick-gold-201428776.html