Warren Buffett Bought Leveraged Investor’s Berkshire Shares for $40 in the 1973 Crash. They’re Now Worth $700,000

Although the benchmark S&P 500 has clawed back to record territory and the VIX has settled into a sleepy 16. 7 reading, Wall Street’s memory is shorter than its history would suggest.

The Dow and the Nasdaq are both riding a heavy year-over-year tailwind, with the S&P 500 up 28% over the past twelve months. The ... Warren Buffett Bought Leveraged Investor’s Berkshire Shares for $40 in the 1973 Crash.