Showing posts with label Warren Buffett. Show all posts
Showing posts with label Warren Buffett. Show all posts

May 6, 2011

1965 Inventions Plus

The Kennedy half dollar came out that year and contained 60% copper. An uncirculated one is worth about four dollars today. The artificial Aspartame came out in 1965. It came under attack as causing cancer, but the claims were debunked and it is now considered safe. Astroturf hit the ground in 1965 and is still around. Kevlar was invented that year and is still protecting us from the bad guys. Basic, the computer programming language was developed in 1965. The 'Big Bang' theory was developed in 1965 and the Nobel prize in science was awarded its discoverer. Some say the internet was developed in 1965, but it was really conceived, much like its current form in 1968.

On Palm Sunday, April, 1965 fifty one tornadoes hit around the Southern US, causing tremendous damage.Medicare was created by Lyndon Johnson. the Maple Leaf became the official Flag symbol for Canada. The Gateway arch in St. Louis was completed. Warren Buffet takes over Berkshire Hathaway and the stock price was $18 per share.  No, the pencil was invented in Switzerland in 1565, not 1965.

Nov 27, 2010

Berkshire Hathaway

The sprawling holding company run by Warren Buffett was originally a textile manufacturer that took off in 1839. Buffett took control in 1962, though, and by 1967 he started to move outside of textiles into insurance and other sectors.