Berkshire Hathaway's Stock: A $77,000 Steal

Shares have plunged roughly 50 percent since December 2007.


Got $75,000 lying around? Shares of Warren Buffett's Berkshire Hathaway are currently trading in that range. You might ask, "How is that a deal?"

By late morning today, the stock was trading around $77,000, down 8 percent from yesterday's close of $84,000. Wednesday, it fell $11,550, or more than 12 percent--its biggest one-day percentage drop since 1987's Black Monday. And get this: Since the stock's all-time closing high of $149,200 on December 10, 2007, Berkshire's shares are down roughly 50 percent.

For the thrifty, Berkshire's B shares are currently trading around $2,500. They're down about 8 percent so far today, and 45 percent from $4,550 a year ago.