Friday, February 12, 2010

Berkshire Hathaway Joins the S&P 500 Today

Today, Berkshire Hathaway (BRKa) will be added to the S&P 500 as a company now worth over $ 180 billion.*

One of the five most valuable companies in the US.

In 1970, Berkshire Hathaway was earning ~$ 5 million/year. Roughly 40 years later the company earns over $ 9 billion/year and has more than $ 140 billion in investments (common stocks, bonds, and cash equivalents).

A total transformation.

That's investing. Turning a fragile business producing less than $ 5 million in earnings/year into the modern Berkshire Hathaway through smart allocation of capital over time.

Adam

Long BRKb

* A market value that is arguably lower than its intrinsic value at this time.
---
This site does not provide investing recommendations as that comes down to individual circumstances. Instead, it is for generalized informational, educational, and entertainment purposes. Visitors should always do their own research and consult, as needed, with a financial adviser that's familiar with the individual circumstances before making any investment decisions. Bottom line: The opinions found here should never be considered specific individualized investment advice and never a recommendation to buy or sell anything.
 
Site Meter