From our Oct. 2, 2012 post "
Buffett Bets on the Boomers: End Stage Renal Disease (BRK.B; DVA)":
Around ten years ago a sharp young analyst gave me his five-minute
kidneys and dialysis pitch. It made quite an impression on me, I
remember it to this day. Unfortunately for him and his firm we were just
coming off the Dotbomb crash and everything looked really cheap so I
filed the idea under "stuff I'll get to".
Davita is up seven-fold since that day, $103.44 at the close. Fresenius, the largest in the industry is up ten-bagger in ten years, no lost decade there....
And the latest from Insider Monkey:
Berkshire Hathaway buys DaVita shares (Fox23)
Warren Buffett's company now owns 14.5 percent of kidney dialysis firm DaVita Inc. (NYSE:DVA)'s stock Berkshire Hathaway Inc. (NYSE:BRK.A)
reported its latest DaVita purchases Thursday in a filing with the
Securities and Exchange Commission. Buffett's Omaha-based conglomerate
now owns 13.8 million shares of DaVita, which is based in Denver.
Berkshire has been steadily adding to its DaVita investment since it first disclosed
owning 2.7 million shares at the end of 2011. Since the start of
October, Berkshire has increased its DaVita investment from 10 million
shares to the current 13.8 million....
