Hi,
Wednesday stock market close with DOW 12,466.16 -34.95, NASDAQ 2,394.59 -23.00, S&P 500 1,373.20 -7.75. Is the market in correction or is this a Bear market?? Berkshire Hathaway Share price continue to drop, share close at $126,400, CNBC Buffett watch report Berkshire Hathaway In Correction - Are Shares a Bargain at $126,400? In Wall Street, a 'correction' is generally defined as a decline of 10 percent or more from a high. A 'bear market' requires a 20 percent drop of share price. For More Information Please visit my pervious posted Is Berkshire Hathaway A Bargain Now???.
CNBC also report Warren Buffett's Burlington Northern Stake Nears 18% As Buying Accelerates Mr. Buffett Increase his stake In Burlington Northern Santa Fe, Berkshire Hathaway file in new SEC report. Berkshire Hathaway has increased their common stocks holding in Burlington Northern Santa Fe to 17.8%. Berkshire Hathaway had not purchase any Shares of Burlington Northern Santa Fe for more than $80 during the last two filing. For more information about MR. Buffett buy in Burlington Northern Santa Fe, Please visit my pervious posted Berkshire Hathaway Increase Stake Of Burlington Northern Santa Fe and Warren Buffett buys another million shares of Burlington Northern Santa Fe Corp by gurufocus.com.
Mr. Buffett had been buying stock even when the market is not doing well. Let us look at Mr. Buffett quote: "Be fearful when others are greedy and greedy when others are fearful." Is Burlington Northern Santa Fe another Bargain? Is Berkshire Hathaway a Bargain? My pervious posted Stock Market Now give us a chance to use Mr. Buffett quote "Be fearful when others are greedy and greedy when others are fearful."??? Let us take a look at what Mr. Warren Buffett is doing and learn from this billionaire investor.
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