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Tuesday, January 1, 2008

Berkshire Hathaway Ends Year With Biggest Gain Since 1998

Hi,
Berkshire Hathaway's shares end 2007 with its biggest percentage gain since 1998. Share is now $141,600, which increases a 28.7% from 2006's close of $109,990. Berkshire had annual gain 30.4 percent for 30 years from 1977 to 2007. A $10,000 in Berkshire will worth $815,506,65.13 now.

Berkshire Hathaway is an insurance company, which also owning a number of diverse business activities. Their main businesses are insurance businesses on both a primary basis and a reinsurance basis. Berkshire's insurance businesses provide insurance and reinsurance of property and casualty risks; reinsure life, accident and health risks worldwide. Berkshire's insurance operations under four sub-groups: GEICO and its subsidiaries; General Re and its subsidiaries; Berkshire Hathaway Reinsurance Group (BHRG), and Berkshire Hathaway Primary Group.

Berkshire Hathaway has created wealth for many of the people. I strongly believe that Berkshire will continue to prosperous and with more challenge ahead for Mr. Warren Buffett and Berkshire Hathaway let us continue to watch the "Oracle of Omaha" with CNBC Buffett watch.

For more information about Berkshire Hathaway please visit Berkshire Hathaway official website. Watch CNBC Berkshire Hathaway Ends Year With Biggest Stock Gain Since 1998 for more information about the story.

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