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Buffett's a Genius Again

November 29, 2006 | About:

On Oct. 23, Warren Buffett's Berkshire Hathaway hit a price of $100,000 a share. As far as I can discover, that's the highest price ever for shares of a publicly traded company. With that milestone behind the shares, of course, the question now is, will Berkshire Hathaway A become the first $200,000 stock?

The A shares are up about 5,555 times since May 1965, when Buffett took control of what was then a modest textile company.

With that milestone behind the shares, of course, the question now is, will Berkshire Hathaway A become the first $200,000 stock?

Yes. Not a doubt. Remember that you heard it here first: Berkshire Hathaway A will be the first $200,000-per-share stock.

That doesn't mean the stock is a good investment now, however

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