Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
Buffett 2005 letter out
Old 03-05-2006, 06:36 AM   #1
Recycles dryer sheets
 
Join Date: Apr 2005
Posts: 184
Buffett letter out:
http://www.berkshirehathaway.com/letters/letters.html

He's still bearish on the dollar, but converting some of his foreign currency position into foreign equities

Interesting question demonstrating the power of compounding:
"Between December 31, 1899 and December 31, 1999, to give a really long-term example, the Dow rose from 66 to 11,497. (Guess what annual growth rate is required to produce this result; the surprising
answer is at the end of this section.)"

The answer is 5.8 percent - suprisingly low - of course 100 years is a lot of time.
Delawaredave is offline   Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
UPDATE: Buffett Sees More Investments In Japan Craig FIRE and Money 2 05-13-2006 06:11 PM
Warren Buffett REWahoo FIRE and Money 8 03-04-2006 09:31 PM
How people find us... asian carp?? dory36 Forum Admin 4 05-27-2005 01:07 PM
Quicken 2005 Changes Bob_Smith Other topics 7 01-29-2005 07:33 PM
Letter to America Guest Other topics 15 12-07-2004 09:50 AM


Other Social Knowledge forum communities:
Cooking Forum - Sailing Forum - Early Retirement - Airstream Trailer - Aquarium Forum - Royal Forum - Book Forum - Volkswagen Touareg Forum - Jeep Wrangler Forum - Whitewater Kayaking & Rafting Forum - Fiberglass RV Forum - RV Forum - Truck Conversion - U2 Music Forum
Investing Channel
All times are GMT -6. The time now is 12:05 AM.
Powered by vBadvanced CMPS v3.0.1
Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.3.0