BHIP Update 3/4/15

It’s been awhile since I gave you all an update on the Berkshire Hathaway Investment Plan (BHIP). It’s a small academic project I started almost a year ago meant to demonstrate how an everyday person with some spare cash can slowly build up a meaningful position in a great business.

Basically, I put $20 or so per month into Berkshire Hathaway’s stock. Even though that’s nothing close to a lot of money, it’s meant to demonstrate measurable gains in wealth over long periods of time.

It’s been almost a year now and I’ve been consistently setting aside a little bit of money every single paycheck. I didn’t pay any commissions by using the fee free broker Loyal3. In the past I would have never been able to invest such a small amount of money at a time without it getting eaten up almost entirely by commissions costs.

The position is slowly growing. Coupling my regular contributions with the rise in BRK’s stock price, the total account is valued at over $240. Wow, all that from just some pocket change!

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I’m looking forward to seeing the position grow much bigger over time. I haven’t finished reading Warren Buffet’s latest letter to shareholders, but what I’ve read so far has been inspiring. Buffet and Munger have done all of us shareholders a favor – creating a huge cash machine that basically prints money. I have confidence that even when Buffet and Munger pass on, the systems they have put in place will continue to produce prodigious amounts of wealth for the company’s owners.

Total Contributions: $231.00

Total Portfolio Value: $247.55

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