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.

And I thought I did well on my MS buy!

Posted by Eddy Elfenbein on September 19th, 2008 at 10:07 pm

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