Timeline of Warren Buffett

Above is a chart of Berkshire Hathaway class A stock from 1990 to the present time. This is all after the timeline documented in the article below. (click to enlarge).

In this 3 part series, Joshua Kennon chronicles Warren Buffet’s investing career from the 1950’s through 1989. Here are some highlights…

1956: The Buffett family returns home to Omaha. On May 1, Warren created Buffett Associates, Ltd. Seven family members and friends put in a total of $105,000. Buffett himself invested only $100. He was now running his own partnership, and would never again work for anyone else. Over the course of the year, he opened two additional partnership, eventually bringing the number under his management to three. Years later, they would all be consolidated into one.

1969: Following his most successful year, Buffett closes the partnership and liquidates its assets to his partners. Among the assets paid out are shares of Berkshire Hathaway. Warren’s personal stake now stands at $25 million. He is
only 39 years old.

1974: Due to falling stock prices, the value of Berkshire’s stock portfolio began to fall. Warren’s personal wealth was cut by over 50%.

1979: Berkshire trades at $290 per share. Warren’s personal fortune is approximately $140 million, but he was living solely on a salary of $50,000 per year.

1986: Berkshire breaks $3,000 per share.

1987: In the immediate crash and aftermath of October, Berkshire loses 25% of its value, dropping from $4,230 per share to around $3,170. The day of the crash, Buffett loses $342 million personally.

This entry was posted in Buffett, finance. Bookmark the permalink.

Leave a Reply

Your email address will not be published.