Issue 22 | Nifty Fifty, Nixon, Lakers, Presidential Election, Berkshire Hathaway 1972 Annual Letter
Grazie amico mio! The Nifty-Fifty chart is very revealing. With that AMEX drop, Buffett surely bought more! It was a 5x return when he bought it...
I do wonder when he sold his Amex position. I know he loaded up during the great salad oil swindle, but I have yet to find out when he started liquidating the position.
Grazie amico mio! The Nifty-Fifty chart is very revealing. With that AMEX drop, Buffett surely bought more! It was a 5x return when he bought it...
I do wonder when he sold his Amex position. I know he loaded up during the great salad oil swindle, but I have yet to find out when he started liquidating the position.