How Buffett Bought a Dollar for Thirty Cents

Noel Wieder

Aug 4

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His little-known 1950s bet on Union Street Railway

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2 Comments

DIY Investor

Aug 4

Interesting story! Thank you for sharing, Noel! It looks like this position was about 20% of his portfolio. Solid bet.

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Thanks, DIY! Glad you liked it.

Yeah, the position was likely around 20% of his portfolio. Really interesting to see how undiversified he actually was back then.

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How Buffett Bought a Dollar for Thirty Cents