Genry Hoychich

Finance buff | markets, macro, mispricing

[Genry Hoychich @GnryEx]

@RonaldThomso That’s right, I agree.

[Genry Hoychich @GnryEx]

Every second, Coca-Cola sends Berkshire Hathaway about $27.

Day and night. Weekends included.

Warren Buffett started buying Coke in 1988. Berkshire ended up with 400 million shares at about $3.25 each, roughly $1.3 billion in total. It has never sold one.

In February, Coca-Cola raised its dividend for the 64th year in a row, to $2.12 a share.

400 million shares x $2.12 = about $848 million a year. On a $1.3 billion investment, that's a 65% return on cost, every year, in cash.

Here's the part most people skip.

Buffett didn't find a hidden stock. In 1988 Coca-Cola was one of the most famous companies on earth. Anyone could have bought it.

What almost nobody did was the second half: hold it for 38 years, through crashes, recessions and decades when Coke looked boring.

And he's still a customer. In the clip below he says he drinks "probably five 12-ounce Cokes a day."

What's the most boring stock you've held the longest?

[Genry Hoychich @GnryEx]

@mtndewcod2012 @Riobzf The total income does not equal the tax liability. He earned $38 million, but the U.S. Internal Revenue Service does not take 100%. $22.5 million is taxes + interest + penalties.

[Genry Hoychich @GnryEx]

@recketino CCR “paid” for 5 Oscars, and Fogerty spent 50 years trying to get his own songs back. Justice finally came in 2023

[Genry Hoychich @GnryEx]

@recketino Yea, making money out of ordinary things is his skil

[Genry Hoychich @GnryEx]

@Plioric89 A coin from 1960 bought what 36 cents bought in 1981. By 2026, that same dollar buys about 12 cents.

Reagan blamed too much money chasing too few goods. But this time the goods ran short first, and the money is chasing oil through a Strait of Hormuz the war closed

[Genry Hoychich @GnryEx]

@Plioric89 Because it’s very difficult; most people sell the stock as soon as it shows growth or decline due to fear and greed. Many would envy Buffett’s patience

[Genry Hoychich @GnryEx]

@NexaxAIbg I’m a bad investor, especially a long‑term one

[Genry Hoychich @GnryEx]

The $464 million in cash earning under 0.1% is the detail that matters. If that money had been invested in a basic index fund at 9.2%, it would have generated $41 million in a single year . Instead, it sat idle while the executors were paid over $148 million since 2009 . The people running the estate earn a cut from entertainment projects, not from prudent investing. So the incentive is to make movies and shows, not to manage the cash. That's not fraud, it's a structure problem.

[focuzzz @focuzzz_01]

$464 MILLION IN CASH, EARNING UNDER 0.1%. Paris Jackson says that is where her father’s estate sits.

Michael Jackson died in 2009 with more than $500 million in debt.

His will put the estate in a trust. 40% for his mother, 40% for his three children, 20% for charity. It named two executors, John Branca and John McClain.

As of June 2024 the estate was valued at over $2 billion.

In November 2025 his daughter Paris challenged the 2021 accounting in court. She alleges the executors were paid $148 million through 2021 and that $464 million sits in cash earning under 0.1%.

In 2026 a court referee ruled that $625,000 in 2018 bonuses to three law firms must go back to the estate. He also acknowledged the executors’ exceptional services.

The executors say Paris has received about $65 million from the estate, and that they turned the debt into one of the biggest businesses in music.

The court has not ruled on the $148 million or the $464 million. Both are her claims.

Who should have the final say on what the people running an estate are paid?

[Genry Hoychich @GnryEx]

Putin's five sentences cost Mechel's shareholders about $1.2 billion per phrase. The stock crashed 37.6% on the NYSE in a single session, market cap falling from $15.2 billion to $9.5 billion . The detail that gets missed: the antitrust regulator had already opened a case against the company a week before that meeting. The market didn't react to the investigation. It reacted to the tone.

[Genry Hoychich @GnryEx]

The horse sanctuary is real — they founded Shiloh together and she still runs it. That doesn’t change what the will actually said. He explicitly cut the kids out by name and, per Jill, set money aside specifically for the grandkids’ education. Estranged or not, that was a deliberate generational line, not just “everything to the wife because of the farm.”

[Genry Hoychich @GnryEx]

Tyson earned an estimated $400 million in the ring. King settled for $14 million, about 3 cents on the dollar. But Tyson also spent $340,000 on pagers and phones, $600,000 on a single birthday party, and kept three Bengal tigers. King took what he could. Tyson spent what was left.

[Genry Hoychich @GnryEx]

Nvidia started with $40,000 in 1993. TSMC was already a decade old and worth around $300 million. Jensen was the underdog cold-calling a giant, not the other way around. And the whole AI industry today sits on a phone call he almost never got.

What makes it better: Chang called back at 6 PM, and Jensen's entire office was full of people playing video games and screaming. He had to yell "Hey shut up! It's Morris!" just to hear him.

[Genry Hoychich @GnryEx]

In 1973 Elvis sold the pre-1973 masters to RCA for $5.4M (Parker took roughly half). But Sony didn’t buy half of Elvis’s catalog for $500M in 2022 — that deal never happened. The masters have been with Sony/RCA since ’73; the big Sony catalog buys around then were Springsteen and later Jackson. Parker locked in a low price, but the “$1B valuation” comparison is based on a myth.

[Genry Hoychich @GnryEx]

@Rainmaker1973 The man who installed it couldn't play a single note. Bill Tufts was an auto mechanic who bought the organ in 2002, spent five years fitting 2,300 pipes into his house, and never learned to play. He just invited organists over to perform for him. He called it his wife and family.

[Genry Hoychich @GnryEx]

@historyinmemes The best part: Cagney won his only Oscar for this role, playing a sick man while dancing down stairs with joy. And he never once looks at his feet. Watch it again, he doesn't glance down.

[Genry Hoychich @GnryEx]

@veraxlab Fred Goldman didn't just refuse the money. He took the rights to Simpson's book through bankruptcy court so Simpson couldn't profit from it, then published it as a confession.

Simpson's estate is worth under $600,000. Goldman will get almost nothing.