That's his worth that changes by the minute.
And Buffett has sold plenty of stock over the years.
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The point I was making is this. Wealth is neither created nor destroyed when punters transact at higher/lower prices. You become wealthier over the long run when the intrinsic value of your shares increases.
His "worth" doesn't change by the minute, the marketable price of his shares does though. Berkshire's value as a company only changes about 10% a year.
Also can you provide evidence that Buffett has ever sold a single share?
Baa_Baa wise words still echoing through my head …. ’probably bottomed, inflation is falling, property market is bottoming - some rising, and the gap to NTA is closing. Buying cheap OCA might soon be a thing of the past’.
No might about it ….Buying OCA cheap is a thing of the past
After 7 years sp almost at its listing price of .79c. Well below most peoples expectations one would think. Hope thy get it right here on in.
the float moves in cycles ... spooky