Monday, October 8, 2007

Google Passes $600, May Soon Pass Berkshire

Today Google passed the $600 dollar mark for the first time. It seems that Google, much like Buffett's Berkshire Hathaway, is very content in not splitting their shares. If things go according to plan their shares should hit $1000 in the next few years.

An interesting side note is that Google's market capitalization is roughly equal to that of Berkshire Hathaway. In all likelihood Google will pass Berkshire Hathaway in market capitalization within the next few weeks or months. Both firms however will have to grow another 168% in order to pass Exxon Mobil, the largest US company in market capitalization:

Posted by The La Jolla Guy at 1:54 PM

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