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Thursday
Jan212010

Buffett Reconsidering His Views Towards Stock Splits?

DateThursday, January 21, 2010 at 05:40AM

In an interview on CNBC yesterday, Warren Buffett said that even though he was splitting the B shares of Berkshire Hathaway (BRK.b) on a 50-1 basis, this should not be interpreted as a sign that he now has a positive view towards stock splits.  However, based on the performance of Berkshire Hathaway that we pointed out yesterday and its follow-up performance today, maybe Buffet is reconsidering his views.  Over the last two trading days, shares of Berkshire have now rallied by 10%, even as the S&P 500 has seen its worst two-day stretch since November.


Berkb 
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