Business Magazine

Warren Buffet Invests In $165 Million Dollars into Domain Industry

Posted on the 15 February 2013 by Worldwide @thedomains

According to TheStreet.com, the most famous stock investor on earth, Warren Buffet’s company Berkshire Hathaway (BRK.A) has purchased 3,685,700 shares  of Verisign (VRSN).

At the closing price of Verisign yesterday he investment represents around $165 Million dollars or about the size of the investment Marchex made in the purchase of Yung Ye’s domain name portfolio some 8 years ago.

We told you that more money is going to come into the domain industry than ever before, here is another $165 Million dollar example.

 …


Back to Featured Articles on Logo Paperblog