Friday, November 21, 2008

Omaha Oracle Taps a Medium on Wall Street(circa1999)


Omaha Oracle Taps a Medium on Wall Street

Thought this was an interesting article taken from the NY TIMES January 31st 1999, almost 10 years ago . Look at where Berkshire was trading at then, $65,000 a share, 2 months later it was trading at $73,000 a share. Whats really interesting is that its book value back then was $37,000 a share, which was close to 2x book value. Today it trades at book value which is $77,500 a share. 

anyones thoughts?

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