Warren Buffett just made $800M in one day. What have you done lately?
Warren Buffett generated more than $800 million on Wednesday after shares in software firm Snowflake doubled on the company’s first day of public trade. Buffett’s flagship holding company Berkshire Hathaway owned roughly $730 million worth of Snowflake stock leading into yesterday market debut, based on its IPO price of $120 per share. In what’s now heralded as the biggest software IPO of a