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Posted: Sat, Feb 27 2010, 8:57 am EST Post subject: Buffett's Berkshire Book Value Gains Almost 20% in 2009 |
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(See Buffett's annual letter to Berkshire shareholders:
http://www.berkshirehathaway.com/letters/2009ltr.pdf)
Published: Saturday, 27 Feb 2010 | 8:22 AM ET
By: Alex Crippen
Warren Buffett's Berkshire Hathaway had a strong 2009, but not strong enough to outperform the benchmark S&P 500 stock index.
In his just-released annual letter to Berkshire shareholders, Buffett reports the company's net worth increased by $21.8 billion last year.
That increased the company's per-share book value by 19.8 percent to $84,487.
But the S&P, including dividends, jumped 26.5 percent in 2009. That's 6.7 percentage points better than Berkshire's gain.
It's the first year since 2004 that Berkshire has underperformed the S&P.
Last year, Berkshire's per-share book value fell 9.6 percent, but that was much better than the S&P's 37.0 percent plunge.
Berkshire has underperformed the S&P in just seven calendar years since Buffett took over in 1965.
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http://www.cnbc.com/id/35616702 |
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Guest
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Posted: Sat, Feb 27 2010, 9:57 pm EST Post subject: Re: Buffett's Berkshire Book Value Gains Almost 20% in 2009 |
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If you own a S&P 500 index fund, you own a piece of Warren Buffett's Berkshire Hathaway (BRK.B replaced BNI in S&P 500 recently).
Warren's annual letter to Berkshire shareholders is always a good read (I was lucky to buy a few shares of BRK.B when it was traded below $3000 last year). |
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publius Guest
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Posted: Thu, Mar 4 2010, 6:25 pm EST Post subject: Re: Buffett's Berkshire Book Value Gains Almost 20% in 2009 |
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I feel SO happy for Warren Buffet.
No..............I really do.
It make me feel so warm & fuzzy that he is so filthy, stinkin' rich!
Maybe, I can scrape enough together and buy ONE share of his stock.........................................someday! |
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Guest
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Posted: Thu, Mar 4 2010, 6:37 pm EST Post subject: Re: Buffett's Berkshire Book Value Gains Almost 20% in 2009 |
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publius wrote: | I feel SO happy for Warren Buffet.
No..............I really do.
It make me feel so warm & fuzzy that he is so filthy, stinkin' rich!
Maybe, I can scrape enough together and buy ONE share of his stock.........................................someday! |
According to Yahoo:
Berkshire Hathaway Inc. New Com (BRK-B)
Last Trade: 82.68
You probably can afford more than 10 shares. |
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Guest
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Posted: Thu, Mar 4 2010, 8:55 pm EST Post subject: Re: Buffett's Berkshire Book Value Gains Almost 20% in 2009 |
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Guest wrote: | publius wrote: | I feel SO happy for Warren Buffet.
No..............I really do.
It make me feel so warm & fuzzy that he is so filthy, stinkin' rich!
Maybe, I can scrape enough together and buy ONE share of his stock.........................................someday! |
According to Yahoo:
Berkshire Hathaway Inc. New Com (BRK-B)
Last Trade: 82.68
You probably can afford more than 10 shares. |
Berkshire Hathaway's stock symbol is BRK.A and is currently trading for approximately $124,000 per share. |
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Guest
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Posted: Thu, Mar 4 2010, 9:01 pm EST Post subject: Re: Buffett's Berkshire Book Value Gains Almost 20% in 2009 |
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The real Berkshire shares are going for over $100K each but they created a secondary non-voting share class and that is what is going for around $80. |
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