It's also the first close above where Berkshire was trading just before Barron's put a big "Sell Buffett" headline on its cover in mid-December, prompting a 5% tumble in one day.
Today's close is also 13.9% above Berkshire's recent closing low of $126,400 on January 16. At that point, Berkshire was down 15.3% from its all-time closing high of $149,200 set the month before on December 10.
Right now, Berkshire is just 3.5% away from that all-time high.
While Buffett himself would say we shouldn't pay all that much attention to short-term moves, it is a nice recovery for a stock that was deep in a "correction" just a month ago, prompting some Berkshire bulls to call the stock a "bargain" at just over $126K a share.
BERKSHIRE'S FOURTH QUARTER PORTFOLIO REPORT COMING SOON
A reminder that we should be getting Berkshire Hathaway's SEC filing in the next few days on its portfolio holdings as of the end of the fourth quarter on December 31.
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