Today marks another milestone for the search giant Google, its market capital (outstanding shares times the stock price) exceeded Warren Buffett’s good old Berkshire Hathaway’s market cap $165.71 B at one point (when Google stock hit today’s high at $534.99), GOOG closed at $527.42 (with a market cap of $164.32 B).
BRK.A is a holding companies of some well known companies, such as Geico and Diary Queen. Just think Wall Street values Google as valuable as all these (50?) very well managed traditional companies putting together, are we seeing another bubble here?