BRK.A
๐ Buffett began buying Geico shares for Berkshire in the 1970s.
๐ฐ In 1995, he bought the remaining shares to own 100% of the company.
๐น The company could now be worth over $50 billion, multiplying the investment by over 500 times.
โ A single winning decision can make an amazing difference over time.
@Invierteygana:
“Buffett began buying Geico shares for Versa in the 1970s, when it was capitalized at about $90 million. In 1995, he bought the rest of the company’s shares until he owned 100%. Right now, the company may be worth more than $50,000 million. This is multiplying the money by more than 500 times. This is why Buffett tells us that a single winning decision can make an amazing difference over time.”
Watch the exact part of the video where @Invierteygana talks about Geico here:
View the video on YouTube.
Read more articles featuring the most recent analysis of Geico at this link: BRK.A stock.
