17 facts about Warren Buffett and his wealth that will blow your mind

[BlueKelah]

Morning people, hope you like...

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Warren Buffett has been incredibly successful, and he's extremely wealthy. Warren Buffett's wealth jumped by around $12.7 billion in 2013 alone. But how much is $12.7 billion anyway?

And how good an investor is Warren Buffett really? We've put together some facts that really put him in perspective.


99% of Buffett's wealth was earned after his 50th birthday.
Buffett made $62.7 billion of his $63.3 billion net worth after his 50th birthday. $60 billion — nearly 95% — is from after his 60th birthday. Talk about long-term investment strategies.

If you invested $1,000 in Berkshire Hathaway in 1980, that amount would be $532,165 higher today.
Berkshire Hathaway closed at $6,700 on Aug. 13, 1990. On Tuesday, Berkshire Hathaway closed at $199,562.

Read More Here
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GIC no need to do so much work, just buy lots and lots of Berkshire Hathaway Class A shares can liao loh...

[NTL]

So maybe I should do the same? Can save alot of hassle going thru the reports.

[opmi]

I paid usd3500 for one B share to go AGM in 2008.
Now become 55 B shares. Traveling costs almost paid for.

[Belg]

Buying into Buffett's company is very safe option as long as he and mr munger is still around. That said, it is not easy to 2nd guess what the future holds when the top management changes when our top 2 honchos finally retires.

[Bubbachuck]

The magic of compounding return.

http://www.fool.sg/2014/08/07/the-true-s...-returns/

[mee2]

Bershire shares pass US$100 in 1977. I think at that time, you had to buy minimum 100 shares, or US$10,000. Terrace houses in Singapore were around S$150k then for the district 9/10. So, could actually borrow against it without sweat, and buy 1 lot of Berkshire for my 2 kids to share. But didnot do it. Now that Berkshire has passed $200,000 per share, that 1 lot would be US$20 million! Enough to buy at least 3, if not 4 terrace houses!
Can try again? Probably too late as WB /CM and me too old already!

[opmi]

Bershire shares pass US$100 in 1977. I think at that time, you had to buy minimum 100 shares, or US$10,000. Terrace houses in Singapore were around S$150k then for the district 9/10. So, could actually borrow against it without sweat, and buy 1 lot of Berkshire for my 2 kids to share. But didnot do it. Now that Berkshire has passed $200,000 per share, that 1 lot would be US$20 million! Enough to buy at least 3, if not 4 terrace houses!
Can try again? Probably too late as WB /CM and me too old already!

in 1977, most people wont even give Buffett (unemployed guy who played with trains in his attic) a chance. Just like most people now would not give a future Buffett a dime to manage.

[BlueKelah]

So maybe I should do the same? Can save alot of hassle going thru the reports.

Might be a good idea to consider for investors who want to have a part of their portfolio in a very defensive quality stock that mostly outperforms indexes previously though now it is part of the index..

Given Warren is retiring soon and is paring down his stake for charities, there is a small possibility that given enough time, new management might start giving out the billions of cash as dividends

Berky got fined a few peanuts recently by US DoJ which leads one to think if Warren is getting forgetful. Read more here...

[tau281290]

Technically he had enough money to retire in his 30s...but why retire when managing your own money is so much fun.

There are a lot of future Buffetts around the world. You just need to identify them early on and put a sizable portion of your money in them for a long time.

[opmi]

I paid usd3500 for one B share to go AGM in 2008.
Now become 55 B shares. Traveling costs almost paid for.

I think my Wesco Financial (also for Wesco AGM then at Pasadena) was converted into BRK shares or something.
So may not have covered the travelling costs. Probably lost on FX. USD was 1.5 then.