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Berkshire Hathaway tops $100,000

         

herb

2:45 pm on Oct 6, 2006 (gmt 0)

10+ Year Member



Oct 5th - The shares closed up $1,296, or 1.3%, at $98,995 on volume of 830 shares, more than twice the average daily volume. During the session, shares reached $100,100 - an all-time high.
At the end of June, there were 1.13 million shares outstanding

Berkshire Hathaway Inc.(BRK.A) [moneycentral.msn.com]

And you thought Google's share price was high

vik_c

5:24 am on Oct 7, 2006 (gmt 0)

10+ Year Member



Warren Buffet has never split his stock. He's always seen stock splits as an eyewash. That, coupled with of course, his midas touch, explains the price.

walkman

5:08 am on Oct 9, 2006 (gmt 0)



his midas touch seems to be patience. The formulas are all there, he just sticks to them, and results show it. More power to him!

vik_c

5:41 am on Oct 9, 2006 (gmt 0)

10+ Year Member



There's no denying his genius in picking stocks considering the formulas are for everyone to follow. Besides Warren has a say in the management of the companies he holds a stake in. Although he would have us believe that he gives complete autonomy to the people who run the companies, that claim is not very credible.