Omaha’s “other” stock market wizard, Warren Buffett saw shares of his Berkshire Hathaway A stock print $300,000 today for the first time. Here are the time and sales prints:
In case any of you are shopping for shares to gift to your kids for Christmas, here is me throwing darts at the future price of BRK.A:
Price trades here at the 261.8% Fibonacci Extension of the 2014-2015 pullback. I think we see a decline of about 10-12k per share to around 285-290k before resuming higher, so wait a couple of weeks and you’ll save 10 grand on a share or two. Expect it to trade to 375k making you a handsome return next year.
Uncle Warren has graciously gifted to charity and converted some of his shares over the years, but still holds upwards of 300,000 shares.
OC