Re:Warren Buffett: Pretty Good for Government Work
by Retric on Wednesday November 17, 2010 @09:34AM
(#1914315)
I don't think that's all that accurate.
Berkshire has a market cap of ~200B, buffet owns around ~45 billion of their stock so his actual investment was 5 * (45/200) = 1.125B. It's reasonable to think he might be swayed by 2.5% to 5% of his net worth, but his personal investment is not all that significant (for him).
Berkshire has a market cap of ~200B, buffet owns around ~45 billion of their stock so his actual investment was 5 * (45/200) = 1.125B. It's reasonable to think he might be swayed by 2.5% to 5% of his net worth, but his personal investment is not all that significant (for him).