Want a Piece of Me? Got $100K? The fact that shares of Berkshire Hathaway are about to hit that price is a classic example of how Warren Buffett always goes his own way.(Column)

Publication: Newsweek

Publication Date: 26-APR-04

Bookmark this article Print this article Link to this article Email this article Digg It! Add to del.icio.us RSS

COPYRIGHT 2004 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com

Byline: Allan Sloan, Sloan is Newsweek's Wall Street editor. His e-mail is sloan@panix.com.

This is a great time for Warren Buffett junkies. The Berkshire Hathaway annual shareholders' meeting, a weekend of wall-to-wall Warren, is less than two weeks away. The Sage of Omaha's homespun approach--tell your shareholders the truth in plain English--looks better with each passing day as other companies pile on the legalisms. And although Buffett is under attack by the "corporate governance" crowd for supposedly being insufficiently independent as a Coke board member, Berkshire stock is up 10 percent this year in a flat market and seems poised to go where no New York Stock Exchange issue has gone before: six-digit land. Berkshire closed at $92,450 on Friday. Hitting $100,000 is a question of...

Read the full article for free courtesy of your local library.