If you read this blog regularly then you probably know that I am a Warren Buffet and Berkshire Hathaway fan. I believe that Mr. Buffet is one of the smartest investors alive right now. As I’ve pointed out before, his Berkshire shares have gone up 30% in the past 2 years. That, my friends, is a nice return on your hard earned cash. Buffet will be holding his annual Berkshire Hathaway shareholders meeting in Omaha Nebraska this coming Saturday. Berkshire holds large percentages of several large companies including Coca-Cola, Dairy Queen, Pampered Chef, Geico, and Fruit of the Loom. All in all, Berkshire’s portfolio is spread out over $61.5 billion dollars worth of investments. Berkshire also owns over 60 companies on it’s own.

In other stock market and investing related news, the Dow Jones seems to be for sale, or at least up for auction. While a $5 billion dollar bid from Rupert Murdoch was recently turned down it seems that there is speculation on whether or not the Bancroft family (who control the share majority) is welcoming a bidding war. With the Dow Jones Industrial Average hitting multiple all time highs several days in a row in April it seems that now could very well be a good time to sell.

Warren Buffet is one of the few others who could consider a price tag as high as $5 billion. Shareholders are eagerly awaiting Saturday’s meeting when Warren Buffet will potentially be answering some questions during the various interviews he will have throughout the day. Is Buffet considering purchasing the Dow Jones? How much higher than $5 billion would the price tag be set at? It seems that a lot of very interesting things could happen in the business world within just the next few days. It will definitely be worth keeping an eye on the news to see how things play out.