Word: hathaway
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...friend of mine, who shares my weakness for making ill-fated investments, recently bought a share of Berkshire Hathaway. That's the flagship company of Warren Buffett, who recently surpassed Bill Gates as the nation's richest human. Like many of us, Buffett started with a modest bankroll, only he managed to turn his into $13 billion-plus. We've seen oil magnates, real estate moguls, shippers and robber barons at the top of the money heap, but Buffett is the first person to get there just by picking stocks...
While we've all been puttering around with our own portfolios, buying what Mario Gabelli likes, or last year's laggards in the Dow, we could have been sitting on a few shares of Berkshire Hathaway and turned $1,000 into $1 million. That's the return since 1969. I actually owned Berkshire for a stretch in the 1980s but sold it too soon. Buffett himself rarely sells too soon. A key element of his strategy is to buy companies at favorable prices and sit on them. It's the sitting part that Robert Hagstrom says most of us overlook...
...most part, however, the Hillbillies fit in surprisingly quickly. Elly May becomes the school heroine and captain of the wrestling team, Jed is sought after as an eligible bachelor, and Jethro is made vice president of the bank. Ever-efficient bank executive Miss Jane Hathaway and her uptight boss Mr. Drysdale, played respectively by the usually talented Lily Tomlin and Dabney Coleman, fit in so well with the Clampetts that they might as well be adopted into the clan...
...petition, which "denounce[d] the homophobia that inspired the destruction of the photo," was attached to the site of the original print. The names of Currier House Masters William and Barbara Graham and Resident Tutors Heather Hathaway and Deborah Foster appear on the petition...
Year-end stock price for Berkshire Hathaway...