11-04-2009, 09:30 AM
Grieve Wrote:Berkshire B shares are also splitting 50-1, which makes things interesting. A lot of people were put off by the high price of even BRK-B, but now I can see a lot more everyday investors jumping in. Could be a nice pop. I might grab a few myself at $65-ish.Now that I think about it, maybe its that 50-1 split that buoyed the BRK shares since it will probably open open access to more investors. It would make sense since the news came out simultaneous with the deal offer.
Breand Wrote:Read Liar's Poker. Intelligence and economic theory have no place in the trading market.Does it make that case for the short term or the long term?
Jakensama Wrote:Buffett probably only did this because he has B&O and Reading Railroad and wants to get all 4.
lol
"Hamilton is really a Colossus to the anti republican party. Without numbers he is an host within himself. They have got themselves into a defile where they might be finished but too much security on the republican part will give time to his talents and indefatigableness to extricate them. We have had only middling performances to oppose to him. In truth when he comes forward there is nobody but yourself who can meet him. His adversaries having begun the attack he has the advantage of answering them and remains unanswered himself. For God's sake take up your pen and give a fundamental reply to Curtius and Camillas" - Thomas Jefferson to James Madison