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Monday, January 28, 2008

Warren Buffett :"No spilt For Berkshire Hathaway Stocks"

Hi,
Berkshire Hathaway is the most expensive stock in the New York Stock Exchange. Berkshire Hathaway is trading at 139,100 last Friday closing markets.

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 had never spilt its share since 1970 and Berkshire Hathaway had only paid its first and only dividend of 10 cents at 1967. Although Berkshire Hathaway had never spilt its share and Paid dividend since 1967, 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. Please visit Berkshire Hathaway Ends Year With Biggest Gain Since 1998 for more information.

Bloomberg Reports Buffett's Berkshire Spurns Stock-Split Plan With SEC Support Mr. Buffett has won support from the U.S. Securities and Exchange Commission to prevent a stock-spilt for Berkshire Hathaway. Berkshire Hathaway had issued Its B share at 1996, for investor who want to invest with Berkshire Hathaway. Mr. Buffett prevent speculator from enter to Berkshire as the Stock Price is high and give other who want to grow with a chance by issue Berkshire Hathaway B share.

Mr. Warren Buffett Build Berkshire Hathaway for 40 years and he always treats Berkshire Hathaway, as he was the Owner. Berkshire Hathaway was build by Mr. Buffett hard work.

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