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-- Google Finance, Govt, Policy and Business Issues
---- Why GOOG jumped 18% the first day?


Lord_Majestic - 8:12 am on Aug 24, 2004 (gmt 0)


real or not, P/E ratio of companies that Warren Buffet will even consider investing in is highly unlikely to be over 140. Bill Gates is his friend (they play golf often apparently), but good old Warren (AFAIK) refused to invest in Microsoft - and IMO this high-tech company is the only one I am sure will be around in 10 years.

Corporate governance in Google is certainly at odds with old man as well. Time will tell who is right.


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