QuiCQ 06/05/2024

The Oracle of Ohama

---

Prefer to read today’s QuiCQ in PDF format? No prob, download it here!

20240506 Quicq

201KB ∙ PDF file

Download

Download

---

---

"Someone is sitting in the shade today because someone planted a tree a long time ago."

-- Warren Buffett

---

---

A lot of ink has been spilt regarding the annual Berkshire Hathaway meeting, which took place as usual in Ohama last Saturday, and to which thousand of disciples flocked. Why such a following? Weil, If you had invested $1,000 in the S&P 500 in 1965 when Warren Buffett started at Berkshire Hathaway, you would have about $300,000 today. If you had bought Berkshire instead, you’d have more than $42.5 million. Today’s Chart of the Day (source: WSJ) is fascinating in that context!

---

---

---

Disclaimer:

o Everything in this document is for educational purposes only (FEPO)

o Nothing in this document should be considered investment advice

o Investing real money can be costly; don’t do stupid stuff

o Past performance is hopefully no indication of future performance