1957 Buffett establishes non-binding Buffett investment club? The funds in charge reached $300,000 and rose to $500,000 by the end of the year.
Complete works of Buffett PDF
From 65438 to 0962, the capital of Buffett's partner company reached 7.2 million US dollars, of which 1 10,000 belonged to Buffett himself. At that time, he merged several partner enterprises into a "Buffett Partners Limited". The minimum investment has been expanded to more than 654.38 million dollars. It's a bit like a private equity fund or a private investment company in China.
From 65438 to 0964, Buffett's personal wealth reached $4 million, while the funds he was in charge of had reached $22 million.
1966 in the spring, the US stock market was bullish, but Buffett was restless. Although his stock is soaring, he finds it difficult to find cheap stocks that meet his standards.
1967 10, Buffett's funds reached $65 million.
From 65438 to 0968, Buffett's stock achieved the best result in history: it rose by 46%, while the Dow Jones index rose by 9%. Buffett's funds rose to $6.5438+0.04 million, of which $25 million belonged to Buffett.
1968 In May, when the stock market was soaring, Buffett informed his partners that he was retiring. Subsequently, he gradually liquidated almost all the shares of Buffett Partners.
From June 65438 to June 0969, the stock market plummeted and gradually evolved into a stock market crash. By May 1970, every stock had fallen by 50% or more than at the beginning of the year.
During the period of 1970 ~ 1974, the American stock market was like a deflated ball with no vitality. Sustained inflation and low growth have brought the American economy into a stagflation period. However, Buffett, who was once lost, was secretly glad to see the money coming-he found too many cheap stocks.
1972, Buffett once again focused on the newspaper industry, because he found that owning a famous newspaper was like owning a toll bridge, and any passerby had to stay and buy money. Starting from 1973, he stole the Boston Globe and Washington post from the stock market, and his involvement greatly increased Washington post's profits, with an average annual increase of 35%. After 10 years, Buffett's investment of 10 million dollars rose to 200 million.
1980, he bought 7% shares of Coca-Cola at the unit price of 10.96 USD per share. By 1985, Coca-Cola changed its business strategy and began to withdraw funds and invest in beverage production. The unit price of its shares has risen to $565,438 +0.5, a fivefold increase. As for how much money has been earned, this figure can shock investors all over the world.
1992, Buffett bought 4.35 million shares of General Dynamics, an American high-tech defense industry company, at a price of $74 per share. By the end of the year, the share price had risen to 1 13. Buffett's stock worth $322 million six months ago is now worth $49 1 10,000.
By the end of 1994, 1994 had developed into a Berkshire industrial kingdom with $23 billion. It is no longer a spinning mill, but has become Buffett's huge investment and financial group. From 1965 to 1998, Buffett's stock grew at an average annual rate of 20.2%, which was 0 percentage point higher than that of Dow Jones index 10.65438. If anyone invests 10000 dollars in Buffett's company in 1965, he will get a return of $4.33 million through 1998. In other words, whoever chose Buffett 33 years ago was on the rocket to get rich.
In March 2000, Buffett became the honorary chairman of RCA Certified Analysts Association.
Since 2000, Buffett has raised funds for the Glide Foundation through online auction. The reserve price is $50,000 to get a chance to have dinner with Buffett.
In June 2006, Buffett announced his plan to donate about10 million B shares of Berkshire Hathaway to the Bill and Melinda Gates Foundation, which was the largest charitable donation in American history.
On the evening of March 1 2007, Berkshire Hathaway, the flagship investment company of Warren Buffett, announced its financial year 2006 results. The data shows that due to the hurricane "breaking promises", the company's main insurance business achieved profitability, and Berkshire's profit in 2006 increased by 29.2%. Earnings per share were $765,438+044 ($5,338 in 2005). ?
During the 42 years from 1965 to 2006, the average annual growth rate of Berkshire's net assets reached 2 1.46%, with a cumulative increase of 361156%; In the same period, the average annual growth rate of S&P 500 companies was 65,438+00.4%, and the cumulative growth rate was 64.79%. ?