Re: Whats the point of investing when Buffett will do it for you?
[ QUOTE ]
Seriously. Why bother doing the work yourself if you can buy berkshire Hathaway non voting shares for aroung $3000 a pop (assuming you want growth and not income).
[/ QUOTE ]
Because Warren Buffett is 75 years old and won't be running the company for much longer than the near-term, maybe the next 5-7 years. When he gets seriously sick, dies or retires, whichever comes first, the stock will get hit with a minimum of a 20-30% drop in the next trading day.
|