Winnebago in it`s heyday made more millionaires in Forest City per capita anyother zip code (no, I really can`t back that up 🙂 ) But it was pretty impressive in the 70`s. Founder John K Hanson would get up and give a inspirational speech and the stock would go up and split, 16 times I believe.
Winnebago split a few years ago, 5 or so. Now this analyst is saying Winnebago will make a run over 30.
I had winnebago stock for 6 years. Bot at $6 sold at $2. Less than 6 months later John Hanson came back to the company and the price shot to $16 dollars. Such is my experience on the stock exchange.
Sorry Don, sounds like you were zigging when you shoulda been "zagging" with Winnebago stock. John K would have Socrates sessions with local members of the Norwegian Mafia and give them a little heads up on what was coming down the pipe. John K was quite a promoter, with only Ronald Reagan as a peer 🙂
The local Ford dealer from which we bought the dealership tells the tale of John Hanson buying a new ford car from him. I don't remember the year but yohn wanter to pay him with share of stock. In those days a new ford cost around $2000. If he had taken the stock and kept it he would have been a small town millionaire from selling one car!
And if I had bought Microsoft, or Berkshire Hathaway at the right time, I would be worth hundreds of millions. I do not dwell on what I should have done
Yes it is not that long ago that berkshire hathaway ws trading for $70K per share. One share could have made you $100Kin two or three years time. I hope you are riding that boat with warren.
