 |
| Warren Buffet with Katharine Graham |
Warren Buffet, the billionaire investor and chairman of Berkshire Hathaway, has spent 25 years on Washington Post board while holding 1.7 million shares in the company. Buffet started accumulating post shares in 1973. As of 2004, he owned 1.7 million shares at a cost basis of $11 million.
As per the Berkshire Hathaway's latest 13-F, he still owns the same number of shares which at current market price of $568 is valued a little less then a billion dollar, $0.965 billion precisely. The Buffet's investment in Washington post has appreciated by whopping 8700% in less than 40 years, a CAGR of around 13%.
