So are the days of our lives...
#5726
out walking the earth
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point of fact: winston salem had 14 guys in the 45+. Less, as I recall, in the 35+.
#5727
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#5728
Ninny
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Like Michael Milken style?
While I certainly find a 31000 sq ft house with 20 air conditioners to be obnoxious and would happily send this guy to the guillotine without even meeting him, is it actually "flaunting" if it's behind 3 gates?
Have you met Richie? I think a billion dollars might get you bumped to the back of the line.
I actually dug around and know who the owner is and what he does. His company is listed on Nasdaq, it's a 31,000sq ft house on 10 acres behind three gates, and it's apparently 21 mil. My first thought was overkill all around, now I'm just thinking obnoxious flaunting of wealth.
Have you met Richie? I think a billion dollars might get you bumped to the back of the line.
#5732
out walking the earth
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Last edited by gsteinb; 02-12-15 at 11:05 AM.
#5734
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The guy invested $10,600 in Berkshire Hathaway stock 30 some years ago and it's turned him into a billionaire. Good for him.
#5736
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I apologize that this will come off as pedantic, because it is pedantic, and probably you were being facetious and I am just wrecking the vibe, but $10K invested in Buffett 30 years ago would be worth under $500k now. Before capital gains.
That might cover your monthly boutique donut bill
#5737
out walking the earth
Thread Starter
Based on the visibility of the home from a dozen miles away, the way it's built, yes, I'd say it's as in your face as a home can be. It's easily the most high-profile house in Arizona. Honestly, half the reason I went up that road is I wanted a better look at that house.
The guy invested $10,600 in Berkshire Hathaway stock 30 some years ago and it's turned him into a billionaire. Good for him.
The guy invested $10,600 in Berkshire Hathaway stock 30 some years ago and it's turned him into a billionaire. Good for him.
#5738
out walking the earth
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you just ruined my whole day by making me feel slightly smarter than I am.
#5739
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you dudes both do this to me all the time! Finally getting to watch you talk past each other is so satisfying. made my morning!
#5741
Senior Member
Maybe I'm talking out my ass here, but I think certain surgeons require patients to sign up to have hardware removed once bone healing is accomplished. The hardware doesn't serve any purpose after that time and can get in the way as you're all noticing.
Grolby, didn't you have stuff taken out?
Grolby, didn't you have stuff taken out?
I have no experience with a plate and screws, but I did have a fair bit of discomfort associated with my hardware, and I had it from pretty early on. Once the initial pain from the removal operation faded, I felt a lot better than I had, better range of motion, much more comfortable lying in bed, and so on.
On the general question of orthopedic repair with surgical implantation of hardware, I'm not doctor and I don't study this stuff. I know that for my first clavicle break, the one where I had the pin implanted, the first opinion I had was that surgery was not needed. Given how displaced my shoulder was and how much pain I was in, this seemed strange. The second opinion I got was that the displacement made me a borderline case, but surgery might not be a bad idea. It turned out that my clavicle was in several more pieces than had been initially visible on X-ray. And I had some soft tissue trapped between bone fragments, which probably had something to do with the level of pain I was experiencing. So in the end, getting the repair probably did help.
Compared to my second break, which wasn't surgically repaired, my experience was that, while the initial stages of healing were far more unpleasant with the break that got repaired, the healing is taking longer to finish. However, that could have nothing to do with the hardware or lack thereof. My orthopedist thinks it might because of having two breaks in relatively short succession. The space that the pin occupied hadn't filled in, so there was probably a lot going on in that area.
#5742
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I apologize that this will come off as pedantic, because it is pedantic, and probably you were being facetious and I am just wrecking the vibe, but $10K invested in Buffett 30 years ago would be worth under $500k now. Before capital gains.
That might cover your monthly boutique donut bill
That might cover your monthly boutique donut bill
"Frustrated, Horejsi bought 40 shares of Berkshire Hathaway Inc. for $265 each with the company’s cash after friends told him about Warren Buffett, the company’s then-little known chairman. He bought another 60 shares two weeks later at $295 and 200 more at $330 a month after that.
Today, he’s a billionaire. Horejsi’s stake in the Omaha, Nebraska-based conglomerate -- 4,300 Class A shares he says he holds directly, plus Berkshire stock held in closed-end funds he has interests in -- is bigger than the stake controlled by Bill Gates, 57, the world’s richest person and Buffett’s bridge partner. His direct stake was valued at $746 million at 11:25 a.m. in New York."
#5743
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The surgery team I go to sponsors a cycling team and some of them are on it too. Probably one of the more effective sponsors.
Last edited by beatlebee; 02-12-15 at 04:08 PM.
#5744
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not according to the article I just read, and at the risk of this becoming doubly pedantic, here's what I read, indicating an initial investment of $10,600.
"Frustrated, Horejsi bought 40 shares of Berkshire Hathaway Inc. for $265 each with the company’s cash after friends told him about Warren Buffett, the company’s then-little known chairman. He bought another 60 shares two weeks later at $295 and 200 more at $330 a month after that.
Today, he’s a billionaire. Horejsi’s stake in the Omaha, Nebraska-based conglomerate -- 4,300 Class A shares he says he holds directly, plus Berkshire stock held in closed-end funds he has interests in -- is bigger than the stake controlled by Bill Gates, 57, the world’s richest person and Buffett’s bridge partner. His direct stake was valued at $746 million at 11:25 a.m. in New York."
"Frustrated, Horejsi bought 40 shares of Berkshire Hathaway Inc. for $265 each with the company’s cash after friends told him about Warren Buffett, the company’s then-little known chairman. He bought another 60 shares two weeks later at $295 and 200 more at $330 a month after that.
Today, he’s a billionaire. Horejsi’s stake in the Omaha, Nebraska-based conglomerate -- 4,300 Class A shares he says he holds directly, plus Berkshire stock held in closed-end funds he has interests in -- is bigger than the stake controlled by Bill Gates, 57, the world’s richest person and Buffett’s bridge partner. His direct stake was valued at $746 million at 11:25 a.m. in New York."
Well, that's just sloppy reporting. The first 40 shares cost him $10600. Then he bought another 260 shares for $83700 more. All together that's 200 shares, purchased for $94300, which today would be worth $67 million.
Not mentioned: how we get from there to 4300 shares plus other investments, worth most of a billion dollars. Presumably he spent some tens or even hundreds of millions of dollars for them.
But whatever, I'm just saying those numbers don't add up. I hate the guy too.
#5745
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not according to the article I just read, and at the risk of this becoming doubly pedantic, here's what I read, indicating an initial investment of $10,600.
"Frustrated, Horejsi bought 40 shares of Berkshire Hathaway Inc. for $265 each with the company’s cash after friends told him about Warren Buffett, the company’s then-little known chairman. He bought another 60 shares two weeks later at $295 and 200 more at $330 a month after that.
Today, he’s a billionaire. Horejsi’s stake in the Omaha, Nebraska-based conglomerate -- 4,300 Class A shares he says he holds directly, plus Berkshire stock held in closed-end funds he has interests in -- is bigger than the stake controlled by Bill Gates, 57, the world’s richest person and Buffett’s bridge partner. His direct stake was valued at $746 million at 11:25 a.m. in New York."
"Frustrated, Horejsi bought 40 shares of Berkshire Hathaway Inc. for $265 each with the company’s cash after friends told him about Warren Buffett, the company’s then-little known chairman. He bought another 60 shares two weeks later at $295 and 200 more at $330 a month after that.
Today, he’s a billionaire. Horejsi’s stake in the Omaha, Nebraska-based conglomerate -- 4,300 Class A shares he says he holds directly, plus Berkshire stock held in closed-end funds he has interests in -- is bigger than the stake controlled by Bill Gates, 57, the world’s richest person and Buffett’s bridge partner. His direct stake was valued at $746 million at 11:25 a.m. in New York."
Those original 300 shares, however would be worth $67.3 million based on yesterday's closing price. At some point, your guy had to buy more shares to get up to the 4,300 the article quotes; Berkshire has never split.
And yeah, based on yesterday's closing price, his 4,300 shares would be worth $964.9 million.
Last edited by topflightpro; 02-12-15 at 11:53 AM.
#5746
**** that
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not according to the article I just read, and at the risk of this becoming doubly pedantic, here's what I read, indicating an initial investment of $10,600.
"Frustrated, Horejsi bought 40 shares of Berkshire Hathaway Inc. for $265 each with the company’s cash after friends told him about Warren Buffett, the company’s then-little known chairman. He bought another 60 shares two weeks later at $295 and 200 more at $330 a month after that.
Today, he’s a billionaire. Horejsi’s stake in the Omaha, Nebraska-based conglomerate -- 4,300 Class A shares he says he holds directly, plus Berkshire stock held in closed-end funds he has interests in -- is bigger than the stake controlled by Bill Gates, 57, the world’s richest person and Buffett’s bridge partner. His direct stake was valued at $746 million at 11:25 a.m. in New York."
"Frustrated, Horejsi bought 40 shares of Berkshire Hathaway Inc. for $265 each with the company’s cash after friends told him about Warren Buffett, the company’s then-little known chairman. He bought another 60 shares two weeks later at $295 and 200 more at $330 a month after that.
Today, he’s a billionaire. Horejsi’s stake in the Omaha, Nebraska-based conglomerate -- 4,300 Class A shares he says he holds directly, plus Berkshire stock held in closed-end funds he has interests in -- is bigger than the stake controlled by Bill Gates, 57, the world’s richest person and Buffett’s bridge partner. His direct stake was valued at $746 million at 11:25 a.m. in New York."
#5747
Batüwü Creakcreak
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I knew I should have thrown all my savings into Bank of America shares when they fell to sub 5 a few years ago :/
I hate the company so couldn't really make myself do it, but I'd definitely do it if I could go back in time. Personal ethics be damned.
That last number is accurate?
HOLY F*CK!
I hate the company so couldn't really make myself do it, but I'd definitely do it if I could go back in time. Personal ethics be damned.
Your timing is substantially off. It was 40 years ago that he started investing in Berkshire Hathway. 30 years ago, it was trading for more than $1,400 a share in 1985.
Those 300 shares alone would be worth $67.3 million based on yesterday's closing price. At some point, your guy had to buy more shares to get up to the 4,300 the article quotes; Berkshire has never split.
And yeah, based on yesterday's closing price, his 4,300 shares would be worth $964.9 billion.
Those 300 shares alone would be worth $67.3 million based on yesterday's closing price. At some point, your guy had to buy more shares to get up to the 4,300 the article quotes; Berkshire has never split.
And yeah, based on yesterday's closing price, his 4,300 shares would be worth $964.9 billion.
HOLY F*CK!
#5748
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Yes, it was Good Friday, which some people consider a holiday, but it's still hard to get someone to use a vacation day to do a local crit that's being held on a straight stretch with a 180 turn at one end and a traffic circle at the other. The course was not particularly fun or interesting. And it was unseasonably cold that day.
The NRC RR was being held at the same time as the amateur crits in a different part of Winston-Salem, and the crits were held the following night on a different course in downtown.
The way it was put on, it was almost like two entirely separate events, though i do know a couple people who did the amateur P/1/2 race on Friday and the crit on Saturday.
#5749
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Nope. Million. Sorry for the confusion.
And Citigroup for less than $5 would have been a better buy than BOA.
In college, I spent a lot of time gambling in the market. At one point, I had invested a few thousand dollars into a small southeast Asian venture capital firm. At the time, VC firm stock prices were blowing up - this was well before CMGI collapsed.
Anyway, I came back from class, turned on my computer and saw my VC firm had gone from $2 and change a share to more than $20k a share. I was ecstatic. I believe my exact words were, "I'm rich. I'm buying a Ferrari." I thought I suddenly had $20 million in my account.
I called my broker - again, this was before online trading - to sell.
He had bad news. The company had collapsed. It was a major reverse split. Instead of having 1.000 shares, I now had less than 1/10 of one share. And it was worthless. No one was buying my little portion of a worthless company.
For about 3 minutes, I really thought I was rich.
And Citigroup for less than $5 would have been a better buy than BOA.
In college, I spent a lot of time gambling in the market. At one point, I had invested a few thousand dollars into a small southeast Asian venture capital firm. At the time, VC firm stock prices were blowing up - this was well before CMGI collapsed.
Anyway, I came back from class, turned on my computer and saw my VC firm had gone from $2 and change a share to more than $20k a share. I was ecstatic. I believe my exact words were, "I'm rich. I'm buying a Ferrari." I thought I suddenly had $20 million in my account.
I called my broker - again, this was before online trading - to sell.
He had bad news. The company had collapsed. It was a major reverse split. Instead of having 1.000 shares, I now had less than 1/10 of one share. And it was worthless. No one was buying my little portion of a worthless company.
For about 3 minutes, I really thought I was rich.
Last edited by topflightpro; 02-12-15 at 11:59 AM.
#5750
out walking the earth
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To be fair though, the amateur races at Winston-Salem were held on a different course on a Friday.
Yes, it was Good Friday, which some people consider a holiday, but it's still hard to get someone to use a vacation day to do a local crit that's being held on a straight stretch with a 180 turn at one end and a traffic circle at the other. The course was not particularly fun or interesting. And it was unseasonably cold that day.
The NRC RR was being held at the same time as the amateur crits in a different part of Winston-Salem, and the crits were held the following night on a different course in downtown.
The way it was put on, it was almost like two entirely separate events, though i do know a couple people who did the amateur P/1/2 race on Friday and the crit on Saturday.
Yes, it was Good Friday, which some people consider a holiday, but it's still hard to get someone to use a vacation day to do a local crit that's being held on a straight stretch with a 180 turn at one end and a traffic circle at the other. The course was not particularly fun or interesting. And it was unseasonably cold that day.
The NRC RR was being held at the same time as the amateur crits in a different part of Winston-Salem, and the crits were held the following night on a different course in downtown.
The way it was put on, it was almost like two entirely separate events, though i do know a couple people who did the amateur P/1/2 race on Friday and the crit on Saturday.
The point really is though that the designation *NCC* is applicable to the pro series, and the success or prestige of the amateur events is based on any number of factors including the ones you listed. Tather would be a hella hard race if it's NCC or not. The majority of events at Harlem didn't really change one year to the next based on whether the pro1 race had a national designation. Boston will remain a tough race because it's in Boston.