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Canadian Value
Canadian Value
Articles (4624) 

Three Minutes with a Berkshire-Made Billionaire

October 02, 2013 | About:

This is the story we all dream of.

Berkshire shareholder Stewart Horejsi discovered Warren Buffett in 1980 when he read John Train's book, "The Money Masters."

The chapter on Warren Buffett reached out and grabbed Horesji, and he bought 40 shares at $260 initially. He then continued buying every time he got some cash.

He is now a billionaire.

Watch the video below as Horejsi discusses his first trip to the Berkshire (NYSE:BRK.A)(NYSE:BRK.B) annual meeting in 1980 that was attended by 12 people:

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 4.2/5 (6 votes)

Comments

jonmonsea
Jonmonsea premium member - 3 years ago
Nice discovery.

Horesji runs an ETF, BTF, Boulder Total Return, that is 40% composed of Berkshire and which is selling at 22% discount to NAV. It also has like 2% expense ratio.

What do people think?

Please leave your comment:


GuruFocus has detected 4 Warning Signs with Berkshire Hathaway Inc $BRK.A.
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