Monday 3 March 2014

Warren Buffett : How to spend $145billion

Successful companies make money and hand some of it back to their shareholders via dividends. Some of it they may keep and this piles up over the years. It can be quite a sum. For Ford it's close to $25billion. For Coca Cola it's past $60 billion.  For Berkshire Hathaway its $145 billion. (The last accounts say $143.7 billion  but that was months ago, its piling up at a £1billion plus every month).

No wonder warren Buffett is so good at allocating capital... he's had much more practice than anyone else on the planet.




Blogger owns a bit of Berkshire..... this is for investment purposes only