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Three Minutes with a Berkshire-Made Billionaire
Posted by: Canadian Value (IP Logged)
Date: October 2, 2013 10:03AM

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 (BRK.A)(BRK.B) annual meeting in 1980 that was attended by 12 people:

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Re Three Minutes with a Berkshire-Made Billionaire
Posted by: jonmonsea (IP Logged)
Date: October 8, 2013 01:36PM

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?

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