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Wednesday, January 16, 2008

Is Berkshire Hathaway A Bargain Now???

Hi,
CNBC Report Berkshire Hathaway Falls Deeper Into 'Correction Territory' - Are Shares a Bargain at $129,100 Each? Just after market close Tuesday, Berkshire Hathaway Share was trading at $129,100 almost a 15% drop from its 52 week high.

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. In my pervious posted Berkshire Hathaway Ends Year With Biggest Gain Since 1998.

Berkshire Hathaway stock price was 132,100.00 -2,100.00 after 11 Jan 2008 Friday stock market closed. Berkshire has also fallen a 12.9% from it 52 week high of 151,650.00.Since Barron's reports on "Sorry, Warren, Your Stock's Too Pricey". Reports said that, Mr. warren Buffett's company Berkshire Hathaway share price maybe over valued.

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.

In 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."??? I mention Mr. Warren Buffett has also made some move, Berkshire Hathaway had filed a SEC report reveals purchases of Burlington Northern Santa Fe from Monday 7 Jan 2008. Is Berkshire Hathaway a bargain now or is it not?? Give me your comments About Berkshire Hathaway.

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