Bill Gates Buys 100 Berkshire Hathaway Class A Shares

Dow Jones Newswires | September 16, 2005

[HAL9000]

Bill Gates Buys 100 Berkshire Hathaway Class A Shrs

DOW JONES NEWSWIRES
September 16, 2005 6:07 p.m.

[HAL9000]

The Street doesn't like it.

[Republicus2001]

What do the Arabs have to do with it?

[Dog]

Why don't they like it?

[Jaysun]

This seems crazy. Why would he buy stock in a company that's having the same problems he's having (grown so fricken huge that it's hard to find suitable investments).

[proud_yank]

Well, according to Michael Moore, its because the Arabs own America's economy. /sarc off

[Shermy]

He's on the board.

Propping it up for the weekend? He made another purchase of shares a week ago.

[thoughtomator]

Buying low, maybe.

[Shermy]

This stock might be heavy with insurance. Katrina?

[thoughtomator]

Probably would have corrected two weeks ago if that were the case. Looks like something happened at the end of the day today... such as some big investor dumping the stock.

[newfrpr04]

AIG? didn't they recently have problems.

[Shermy]

http://www.bloomberg.com/apps/news?pid=10000103&sid=aHPUOSPv_0sA

Yep.

[Republicus2001]

the Street man, the Street

[plain talk]

Bill Gates Buys 100 Berkshire Hathaway Class A Shrs

So what?

[Proud_USA_Republican]

He was put on the Berkshire BOD this year.

[ikka]

What is that, $8.3 million? Is Gates diversifying (snicker)?

[Jaysun]

I know, because he's been buying up the stock. Still, it makes no sense to me. I don't guess it makes a damned one way or another - it isn't as if he runs these things by me before hand or anything.