Berkshire Hathaway’s rise from a $75 stock in 1977 to nearly $750,000 today is not just an American investing legend—it is, in Ramesh Damani’s view, the purest illustration of what most Indian investors still fail to understand: the transformative power of long-duration compounding.
Speaking to CNBC-TV18’s Prashant Nair at Motilal Oswal’s 30th Wealth Creation Study event, Damani, Member, BSE, said Berkshire remains the global benchmark for patient capital and the single most powerful example of how sustained compounding—not clever timing—creates generational wealth. “The point is not that Berkshire compounded; it’s that it compounded uninterrupted for 45 years. That longevity is what creates extraordinary wealth,” he said.
Damani recalled that Berkshire was priced at $75 a share in 1977.

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