Berkshire Hathaway, Warren Buffet's insurance company, announced that they will be splitting it's company B-stock in a 50-1 split. The notoriously high traded stock will now trade around $65 at these levels making more accessible to everybody. I believe this is now a great pick for your long term portfolio. I imagine it will start to be more aggressively accumulated by institutional money now and will only go up from here.
http://www.marketwatch.com/story/berkshire-approves-50-for-1-class-b-stock-split-2009-11-03
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