Sunday, November 7, 2010

A stock I like

Berkshire Hathaway, B series (BRK.B)

This is Warren Buffet's company.

It's not really a great stock, it pays no dividend and probably never will and it will probably have a growth rate that's below market. But what growth it will have is likely to be very steady. A steady growth is superior to a slightly higher growth that's choppy. The ups and downs of a choppy growth path cuts down on the benefits of compounding of your investment.

It's worth putting a few shares of this one is pretty much any portfolio.