Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I would say you have a 3.4 bagger. The stock is up 3.4x. That's not your profit, as you imply.

What's the stock?

I would not really deal in bags. I would say it is up to 3.4x its initial price

GWR. It took more than a year to go up that much, though.

I haven't sold any BRK as I expect IV is arguably $200,000/A and growing.

I sold a few shares of BRK.B when I needed some cash to take an RMD, and that was needed to pay the tax on that. Not lately. I paid $32,600 per share for my BRK.A quite a while ago. Now a 5 bagger according to this definition of bags. Their price is a lot more now, but from some time in 1996 (I think it was) until now, the IRR is not as fantastic as it once was. If all goes well, I will never sell it, even if it makes sense to do it at some point. Well, I guess I would if Mr. Buffett seemed to be going senile and the board was too chicken to take away the keys.

So if I paid $26.28 for that GWR, and it was $13.14 now, it would be a half-bagger, not a -0.5 bagger, right? It would go negative only if I sold short and got squoze out, whereby I could lose more than my initial investment?
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.