Are you kidding me?
Just because Warren Buffett buys the shares doesn’t mean they were any good. Here is the original article if you want to read about.
Let me explain:
Coca-Cola. Price 55.21$. Price in 2000 was 28.72$. Has increased with 92.24%. The price of 20 years has increased by 135.04%, of 15 years has increased by 90.71%, of 10 years has increased by 48.29%.
Apple. Price 143.56$. Price in 2000 was 0.93$. Has increased with 15336.56%. The price of 20 years has increased by 51171.43%, of 15 years has increased by 2472.76%, of 10 years has increased by 534.10%.
American Express. Price 143,07$. Price in 2000 was 48,09$. Has increased with 197,50%. The price of 20 years has increased by 393,34%, of 15 years has increased by 135,97%, of 10 years has increased by 152,15%.
Kroger. Price 42,22$. Price in 2000 was 8.69$. Has increased with 385,85%. The price of 20 years has increased by 456,99%, of 15 years has increased by 193,60%, of 10 years has increased by 232,97%.
McKesson . Price 360,43$. Price in 2000 was 20,56$. Has increased with 1653,06%. The price of 20 years has increased by 1035,21%, of 15 years has increased by 521,11%, of 10 years has increased by 297,34%.
Davita. Price 91,2$. Price in 2000 was 1,54$. Has increased with 5822,08%. The price of 20 years has increased by 998,80%, of 15 years has increased by 187,52%, of 10 years has increased by 62,86%.
Chevron. Price 168,53$. Price in 2000 was 41,78$. Has increased with 303,37%. The price of 20 years has increased by 360,21%, of 15 years has increased by 78,45%, of 10 years has increased by 49,49%.
Let me explain how I think. Take e.g. Coca-Cola. Has increased by 92.24% in 22 years. This means that if you had bought shares for $1000 in 2000, you would have $1 922,40 today. So if Coca-Cola’s stock hasn’t increased more than 92.24% in 22 years, why will it increase more in future? Will they make electric Coke, gluten free, lactose free Coke? Or maybe they will finally pour some cocaine in? Do I need to explain more?
Okay you think, why should I buy shares, especially how about the bear markets?
2000 -11.9%; 2001 -19.8%; 2002 -41.7%; 2007 -5.7%; 2008 -38.8%; 2015 -1.2; 2018 -5.13% and 2022 -…
BUT take a look at Apple. 6 bear markets from 2000 and still 15336.56% in 22 years, 51171.43% in 20 years.This means that if you had bought shares for $1000 in 2002, you would have $512714,30 today. Now maybe you can understand why Warren Buffett is so rich. 40% of their shares are Apple.
The point is, with this article, before you listen to someone else, check the history and think about their chances in the future. Don’t buy stocks just because Warren Buffet or some other influencer has. It is YOUR money you will lose. Money you’ve worked for. Remember that not a single one of the millions of economists and stock specialists worldwide knew about the inflation that started at the end of 2021 and still does not know when it will end. Not a one!
