US EditionHow Harold Alfond Turned A $1,000 Abandoned Shoe Factory Into 1.6% Of Warren Buffett's Berkshire Hathaway
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How Harold Alfond Turned A $1,000 Abandoned Shoe Factory Into 1.6% Of Warren Buffett's Berkshire Hathaway
Over the last few decades, Warren Buffett has made A LOT of people A LOT of money. Buffett’s holding company, Berkshire Hathaway, currently sports a $1.1 trillion market cap. Let’s say you bought 10 shares of Berkshire roughly 40 years ago, in say… 1993. At the time, Berkshire A Class shares traded for around $17,500 per share. So 10 shares would have cost you $175,000. If you simply held onto those shares for the next 30+ years and did absolute…
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