Sam Parr shows how to turn $10K into $1.3 million by buying Berkshire Hathaway Class B shares and holding for 49 years. At 10% annual returns, your money doubles every seven years. Seven doublings gets you to roughly 128 times your original investment.
How would I take $10K and turn it into a million? Circa 2025, we cannot go into the S&P. Okay. So what I would do is I would treat Berkshire Hathaway as the index. Currently, dollar cost average into the Berkshire Class B shares. Okay. And you keep doing that day in, day out. And if we did that, the math is really simple. Even if we were doing 10% a year, we would double every 7 years. Life is all about doubles. Let's say we are a 20-something guy with $10,000 and you go for 50 years or 49 years. It's 7 doubles. Okay, 7 doubles is 128 times your money. I gave you 128x in 49 years without having to be a genius, without doing anything, right? So this is just Plan B.
