Todd: “Warren, I have a new company that likely clears our hurdle. We used to own it back in 2011. We made a quick 50% on the stock. It’s Dollar General.”
Buffett: … https://t.co/6j16vwZKmk
As always, Buffett's annual letter to shareholders is a must read. A few thoughts and link to letter below.
He's compounded per share market value of Berkshire at 19.9% from 1965-2024 vs. 10.4% for the S&P 500. The power of compounding is evident in the cumulative return over that time period: 5,502,284% for Berkshire v... See more