Saturday, November 04, 2006

Bershire Hathaway A Stock Reaches A Milestone

Quote from Warrent Buffett in his foreward to the Book "The Intelligent Investor" by his decreased master Benjamin Graham.

"To invest successfully over a lifetime does not require a stratospheric iQ, unusual business insights, or inside information. what's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework."


Whow.... once again, Bershire Hathaway A stock achieve another Breakthrough!!!

Bershire Hathaway A stock has reaches a milestone. It is now trading at more than USD 100,000 per share. On 3rd November, BRK.A's low is 103.2k USD and its high is 105.6K USD. Once again, i am amazed by Warren Buffet. He is Awesome.

Just look at 4th November BRK.A Chart compare with all the major indexes from Money Central:



All other indexes are going down. BRK.A is going up. The stock is way above the 50 days moving average. Technically speaking, it will continue to move upward.

Traditional speaking, october time is always a bad time for US stock. Now, october is behind us.... all factors indicating the BRK.A stock to continue to move upward.

At this time, i guess no one will dare to put money in BRK.A stock as it is trading at it all time high.

Let's play a game here by doing a paper trade. I invest 105.6 million USD to buy 1 slot of Berkshire Hathaway share at its high today of 105.6k USD per share. Let see what will be the outcome of this paper trade investment of mine.

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