If my addition is correct, at today's price, Warren bought at 30.11 a share?
NOTE FROM LETTER
Investments Below we list our fifteen common stock investments that at yearend had the largest market value. We exclude our 10th pick – 325,442,152 shares – because Berkshire is part of a control group and therefore must account for this investment on the “equity” method. On its balance sheet, Berkshire carries its 10th pick holding at a GAAP figure of $13.8 billion, an amount reduced by our share of the large write-off of intangible assets taken by 10th pick in 2018. At yearend, our 10th pick holding had a market value of $14 billion and a cost basis of $9.8 billion.
Warren Buffet's annual letter is a must read...always packed full of great stuff!! Thanks for posting Sean! ...its fitting he hangs out in Omaha...its about as far from NYC as his investing philosophy!!!
While it was home to him anyway, he also knew it would keep him from getting sucked into the Wall St noise. Same with Sir John Templeton in the Bahamas.
Just a side note: His last name has two t’s His name is often misspelled.
oops...I had just finished digesting his buffet of investing insights when I wrote that!