Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (30819)	5/2/2008 1:52:29 PM
From: R2O	Respond to of 78652

I heard Buffet mention that some substantial fraction of his shareholders buy Berkshire stock and hold it 'forever/till they die'. He says that some are now very wealthy (from investing in Berkshire stock). Since Berkshire doesn't pay dividends, why would this be considered an 'investment'? Is term life insurance an 'investment'? Berkshire stock is a really great term life insurance policy --- perhaps Warren should integrate a declining pay out term policy w. Berkshire stock purchases. You can bet that Buffet would not invest in a company that he intended to keep 'forever' that couldn't turn a profit. You can't keep Berkshire stock forever and make any money, but you can brag about it, and you can go buy things at the annual shareholder's meeting. R