
Tech-heavy NASDAQ index has a technical downside with Warren Buffett’s Berkshire Hathaway shares
Warren Buffett’s Berkshire Hathaway Inc share value has risen to over $4,21,000 per Class A share. However, the inventory’s spectacular 41-year run might quickly come to a screeching halt, if the US inventory alternate Nasdaq doesn’t improve its pc programs quickly, The Wall Avenue Journal reported. The reason is: Berkshire Hathaway’s share value could be very near the best quantity that Nasdaq’s computer systems can deal with. Nasdaq and some different market operators use 32-bit programs to retailer information in binary numbers, which contains ones and zeroes. Subsequently, the largest attainable quantity is 2 to the thirty second energy minus one, which is 4,294,967,295. Inventory costs are often displayed as much as 4 decimal locations, so the best attainable value is $429,496.7295, the WSJ report mentioned.
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