Thursday, August 14, 2014

Berkshire Hathaway Stock Hits New Milestone

Crony capitalism pays.

The shares of Warren Buffett's Berkshire Hathaway's  price this morning crossed $200,000 for the first time.

One of Buffett's biggest scores in recent years was his buying into Goldman Sachs, just before the government announced a bailout of Goldman Sachs and other crony Wall Street banks.

Class A shares of Berkshire, which have never been split, rose as high as $201,114 this morning pushing the market value of the company to $327.8 billion


No comments:

Post a Comment