On page 508, Buffett quoted, "I will be willing to personally buy $100 million of stock in this public offering (a Buffett's idea which subsequently led to the eventual PPIP)," which, he explained, "constitutes about 20 percent of my net worth outside of my Berkshire holdings." We can infer that he has a personal fortune of $500 million outside of his fortune in Berkshire.
And during last fall, his by-now famous co-op, Buy America: I am, revealed Buffett bought stocks for his personal account. One of which is Wells Fargo. He owns a personal stake of 2,240,000 shares which he most likely accumulated at a cost of about $56 to $60 million last fall. This constitutes about 12% of his personal fortune.
Disclosure: I own Wells Fargo.
6 comments:
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AimTrust is what you thought of all the time
The company incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with offices around the world.
Do you want to become an affluent person?
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I`m happy and lucky, I started to get income with the help of this company,
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You may , perhaps curious to know how one can make real money .
There is no need to invest much at first. You may commense to receive yields with as small sum of money as 20-100 dollars.
AimTrust is what you need
The firm incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with structures around the world.
Do you want to become a happy investor?
That`s your chance That`s what you really need!
I feel good, I began to take up real money with the help of this company,
and I invite you to do the same. It`s all about how to choose a proper companion utilizes your funds in a right way - that`s it!.
I take now up to 2G every day, and my first deposit was 1 grand only!
It`s easy to join , just click this link http://iqalomoc.o-f.com/uduleh.html
and go! Let`s take this option together to get rid of nastiness of the life
I have to say you sure have the nerve to invest in banking stocks. I have never regarded banks' insurance companies' financial services companies as real busineses. All they do is recycle money. As far as financial stocks go I also have never invested in any financial services companies and never will. Just look at their record almost 2 out of every 3 savings and loans went out of business in the 1980's and just think about what happened a couple of years ago. Do I need to say anymore. Oh one other thing most If not all of the publicly traded subprime lenders are out of business today.
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