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Tuesday, January 1, 2008

If a business does well, the stock eventually follows

Hi,
As Year 2007 ended, Berkshire Hathaway's shares end with its biggest percentage gain since 1998. Share is now $141,600, which increases a 28.7% from 2006's close of $109,990. This made me think of a famous quote Mr. Buffett said: "If a business does well, the stock eventually follows."

Berkshire Hathaway has annual gain averaging 30.4% for the last 30 years. Berkshire Hathaway has lots of great business include; GEICO, General Re, Wesco Financial Corporation, Acme Brick Company, See's Candies, Nebraska Furniture Mart and many other. Those are good business and Berkshire Hathaway stock price has been following the business since Mr. Buffett took control of it at 1965.

Over the last 30 years, Berkshire Hathaway had been a very good example of what had been told to us by Mr. Warren Buffett. "If a business does well, the stock eventually follows."

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