Key2Wealth Blog

I opened up my computer screen to an investment site I look at daily and this is the first thing I noticed.

New highs: Berkshire Hathaway (BRK-A)

Berkshire Hathaway closed at $144,800.00 yesterday for the class A Shares and about $4,827 for the Class B shares. I like that headline as Berkshire is one of the largest stock holding I have and I do not expect that it will ever be anything less in my portfolio.

Warren Buffet, the most successful Investor ever is the Chairman and CEO of Berkshire Hathaway. I think Warren and Charlie Munger(his partner) are the two most honest men and with integrity that I have ever had the pleasure to listen to in business.

Last year in Omaha at the annual meeting there were over 27,000 people. This meeting is called “Woodstock for Capitalists”.

If you are interested in reading about some of Warren’s ideas, have a look at his “Owners Manual“, I think it is well worth reading.

“I will only swing at pitches that I really like. If you do it 10 times in your life, you’ll be rich. You should approach investing like you have a punch card with 20 punch-outs, one for each trade in your life. I think people would be better off if they only had 10 opportunities to buy stocks throughout their lifetime. You know what would happen? They would make sure that each buy was a good one. They would do lots and lots of research before they made the buy. You don’t have to have many 4x growth opportunities to get rich. You don’t need to do too much, but the environment makes you feel like you need to do something all the time.

Warren Buffett

Lee Stuckey

key2wealth.net

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