Buffett's 1950 Hidden Gem Discovery - NAFI
Read the full article at: http://www.dardashticapital.com/1951-NAFI.pdf
Submitted by George on Wed, 2007-01-24 21:03.
(via www.dardashticapital.com)
Shai Dardashti shares Mr. Buffett's comments to some friends from the University of Georgia this past Saturday regarding National American Fire Insurance (NAFI). Shai even found an image from the Moody's manual of that time to illustrate what Buffett is talking about. It's hard to believe a stock with $135 book value and $29 in earning per share sold for only $27. I wonder how much Buffett made on this gem?
The internet might be both a
The internet might be both a gift and bane to the individual investor. Any one have a more recent (post internet) example of an opportunity like this?
The internet might be both a
The internet might be both a gift and bane to the individual investor. Any one have a more recent (post internet) example of an opportunity like this?