Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
spacer About Buy List FAQ Contact Links Home
spacer

« The Decline and Fall of the Roman Economy | Main | Swedish Prostitutes Want to Pay Taxes »

September 19, 2008 Warren Buffett Made $7 Billion on Friday

Shares of Berkshire Hathaway (BRKA) gapped up $18,990 on Friday which is an increase of 14.8%. Given that Warren Buffett owns 350,000 shares, that increased his wealth by about $6.7 billion. (Buffett also owns two million shares of Class B stock which increased by $345 yesterday, but that only added $700 million to his fortune.)

The Class A shares jumped up about $10,000 starting at 3:57, which means Buffett made over $3.5 billion in about three minutes.

brka91808.png

And I thought I did well on my MS buy!

Posted by edelfenbein at September 19, 2008 10:07 PM

spacer
bottom of page image