Wording. That stock in question he first bought at 13 is Texas Pacific Land and he still owns it. It may not have been "his first ever" but he holds that one still.
Berkshire returns cash to shareholders through buybacks now. It is more tax efficient. And no they do not speculate - they invest.
He sells stuff all the time just not impatiently and not if it is worth more than his instrinsic measure of it. That is why he is who he is!
Wording. That stock in question he first bought at 13 is Texas Pacific Land and he still owns it. It may not have been "his first ever" but he holds that one still.
Berkshire returns cash to shareholders through buybacks now. It is more tax efficient. And no they do not speculate - they invest.
He sells stuff all the time just not impatiently and not if it is worth more than his instrinsic measure of it. That is why he is who he is!