Here's How Rich You'd Be If You Had Invested $1,000 With Warren Buffett Way Back When

[Steve Williams]

Simply amazing..........Berkshire Hathaway A shares are now $200K per share

http://www.businessinsider.com/if-you-had-invested-with-warren-buffett-2014-8

 

[es347]

Let's see...in 1964 I was pushing a mop in the local drug store for $.75 per hour. $1000?...har har!

 

[jazdoc]

I would highly suggest investing $2.99 for the Kindle version of Buffet's 1965-2013 shareholder letters:

http://www.amazon.com/Berkshire-Hat.../ref=tmm_kin_swatch_0?_encoding=UTF8&sr=&qid=

Lawrence Cunningham's "The Essays of Warren Buffett: Lessons for Corporate America" is a good companion

http://www.amazon.com/Essays-Warren...1408202192&sr=1-1&keywords=buffett+cunningham

 

[Steve Williams]

Mark

I would love to see your book library. You must read at least 6 books per month, none of which ever seem to be be fiction

 

[jfrech]

Damn...I spent my $1000 back then on a new cartridge...

 

[jazdoc]

Most disorganized place in the house!

 

[Steve Williams]

Mark

I would have guessed your library would be much larger as you read so much

 

[Johnny Vinyl]

Let's see...in 1964 I was pushing a mop in the local drug store for $.75 per hour. $1000?...har har!

I was 11 and helping my Uncle deliver freshly baked bread with horse and buggy on Saturday mornings. He didn't pay me, but I could eat all of the Raisin Buns and a few pastries as I wanted. LOL!

 

[jazdoc]

We've been pretty good about culling the herd. I've nearly filled an iPad with books. However, I'm the piker in the family; my wife is the reader with a particular interest in philosophy, religion and Swedish detective stories. I used to tease her about the Vatican Library calling to borrow a book

Back on the more interesting topic of Mr. Buffett...

I've given this book many times to graduating college students:

http://www.amazon.com/Poor-Charlies...qid=1408204656&sr=1-1&keywords=charlie+munger

Munger is Buffett's business partner and he was the one who helped Buffett move beyond Ben Graham's "The Intelligent Investor" to a more expansive idea of intrinsic value. He's a devotee of Benjamin Franklin; hence the book title. He's quite a character and plays the straight man to Buffett at the annual meetings which Buffett calls "The Woodstock of Capitalism"

 

[Garth]

Simply amazing..........Berkshire Hathaway A shares are now $200K per share

http://www.businessinsider.com/if-you-had-invested-with-warren-buffett-2014-8

In 1964 it would be a no to having $1,000.00 my investments had pedals.

 

[GaryProtein]

Back when Buffett became a majority shareholder in 1964, the stock was only $19.


When I was ten in 1964, I had a lot more than $1000 from my lawn mowing business that I could have invested!

 

[BobM]

I was 5. All I wanted back then was bubble gum and crayons and GI Joe stuff. I hadn't even started collecting baseball cards.

 

[rockitman]

Nothing like Monday morning investment quarterbacking...LOL, Investment is about risk. No risk, no reward. Just like people who bought Apple stock in the 90's after the company was flailing and the stock was cheap and still own it today. You have to get in the game (smartly) despite your fears.

 

[beaur]

Well, I was only one, if only my grandparents had bought me $200 of that stock instead of the savings bonds!!

Back when Buffett became a majority shareholder in 1964, the stock was only $19.


When I was ten in 1964, I had a lot more than $1000 from my lawn mowing business that I could have invested!

 

[mojave]

I used to drive by his house on my way to work when I was in college. If I would have invested in his stock instead of going to college, I'd probably be a lot better off. It was under $6000 a share at the time (1990).

 

[GaryProtein]

Well, I was only one, if only my grandparents had bought me $200 of that stock instead of the savings bonds!!

You said it. I had my share of those. Back in the mid sixties, is was a way people could get you a gift that said "$50" for only $37.50, and then it took something like 7 years and 9 months to mature. What a racket.

About 15 years ago I found about $2000 worth of savings bonds from the my childhood and when I went to turn them in, I was told they had STOPPED MATURING more than 20 years before I turned them in! That was mighty crooked of the government.

Savings bonds were/are among the worst all time "investments."

 

[Greg_R]

Simply amazing..........Berkshire Hathaway A shares are now $200K per share

http://www.businessinsider.com/if-you-had-invested-with-warren-buffett-2014-8

If you bought $1000 of bitcoins in 2011 you'd have $485,000 now.

 

[audio.bill]

When it comes to investments, hindsight is always 20/20. Even the experts will admit that you can't time the market or guarantee the returns.

 

[Garth]

When it comes to investments, hindsight is always 20/20. Even the experts will admit that you can't time the market or guarantee the returns.

I wonder how many people passed on Warren and bought his cousin Jimmy records instead

 

[asindc]

$1000 in 1964 is equivalent to $7,688.48 today. Anyone researching a current start-up investment to put that kind of money into it?