In 1962, Warren Buffett bought his first shares of Berkshire Hathaway Inc. (NYSE: BRK-A). The S&P 500 was setting up to close the month at 65.06 and the the Dow Jones Industrial Average at 652. The average annual income was about $5,556, while the dozen eggs cost a mere 32 cents. By the time Buffett bought his first 2,000 shares of Berkshire Hathaway, he’d already been trading about 21 years.
And I tell my children, I remember a time once when the stock market went DOWN for the year….
And they say "That's silly Dad, the market doesn't even go down for a month":
I cannot in good conscience vote to add more to the already massive $20 trillion debt. I promised Kentucky to vote against reckless, deficit spending and I will do just that.
He doesn't mean the tax cuts (that's why the market dropped) – he means AFTER recklessly adding to the deficit with tax cuts, THEN he won't vote for any spending bills that have a deficit. No wonder his neighbor kicked the crap out of him!
December 12th, 2017 at 12:50 pm
And I tell my children, I remember a time once when the stock market went DOWN for the year….
And they say "That's silly Dad, the market doesn't even go down for a month":
He doesn't mean the tax cuts (that's why the market dropped) – he means AFTER recklessly adding to the deficit with tax cuts, THEN he won't vote for any spending bills that have a deficit. No wonder his neighbor kicked the crap out of him!