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by deepster
6463 days ago
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Even if GE does poorly, Buffet will still get his dividend. Also bear in mind, dividends paid by most corporations are taxable as long-term capital gains as opposed to income tax. All in all, a solid bet by Buffet. Perhaps it's time to investigate Berkshire Hathaway stock. |
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We had a stock picking game when I was in elementary school. I won by picking BerkHa because its price was higher and it moved a lot more. I only had 2 shares but I outperformed everyone who had hundreds or thousands of shares of other stock. I thought it was fun and told my mom we should buy some BerkHa but she said the stock market was gambling.
1989 price: 3700
2008 price: 137,700
% increase: 3700%
Tears: Many