OCA - Oceania Group - retirement villages

[Daytr]

Exactly... Buffett hasn't made a single cent until he sells his Berkshire shares and converts them to PAPER.

Oh wait.

That's his worth that changes by the minute.
And Buffett has sold plenty of stock over the years.

[ValueNZ]

That's his worth that changes by the minute.
And Buffett has sold plenty of stock over the years.

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?

[winner69]

heaps on dro.asx as i mentioned on black monday thread nearly a 10 bagger for early birds , 100 % + return in a mth when i mentioned it. im out now though , also woodside which ties up alot of funds and few others so i missed oca bounce i be back to trade it again some day.

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

[ValueNZ]

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 is a thing of the past

OCA is still cheap, not as good buying as in the low 50's but still damn cheap.

[bull....]

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 is a thing of the past

lol how does anyone know its bottomed till hindsight ? maybe a dead cat bounce yet. you know winner OCA is a trading stock

[Curly]

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.

[Cupsy]

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.

What real evidence is there that they have got it wrong previously if that is your insinuation?

[alokdhir]

What real evidence is there that they have got it wrong previously if that is your insinuation?

MFT 7 years back was $ 23.70 ...OCA same as then ...so surely they got it right ??

SUM was $ 4.91 if apples to apples u favour

[Cupsy]

MFT 7 years back was $ 23.70 ...OCA same as then ...so surely they got it right ??

SUM was $ 4.91 if apples to apples u favour

Covid and then property downturn* bro

[bull....]

the float moves in cycles ... spooky