Saturday, September 16, 2006

Just what is Buffet up to now???

Just look at this chart..... the 10 years performance of Berkshire Hathaway (BRK.A) A stock... now it is trading in the market for usd96,400 per share.. My goodness, one share can actually buy a very luxurious car. I can't beleive it.

Where is Warren Buffet and what is he doing at the moment.... below is the report from Coattail Investor:
Warren Buffett is expected to be flying into Israel later this week to visit one of his most recent acquisitions, Iscar Metalworking Cos. The company specializes in manufacturing precision metal working tools, and it is the first company purchased by Berkshire Hathaway based solely outside of the United States. Buffett purchased Iscar in May for $4 billion without having ever seeing the company.

As part of his two-day stay in Israel, Buffett will visit the Iscar’s headquarters at the Tefen industrial park. The Tefen region was one of the areas hit particularly hard by rockets during the recent conflict with Lebanon. Buffett will spend his remaining time in Israel visiting a local hospital, and meeting with Prime Minister Ehud Olmert.


No comments: