Each day, Benzinga will take a look back at a notable market-related moment that happened on this date. In 1962, Warren Buffett bought his first shares of Berkshire Hathaway. The S&P 500 was setting up to close the month at 65.06 and the the Dow Jones Industrial Average at 652. Follow benzinga What Else Was Going On In The World? The average annual income was about $5,556, while the dozen eggs bought for Buffett’s daily McDonald’s McMuffin cost a mere 32 cents. By the time Buffett bought his first 2,000 shares of Berkshire Hathaway, he’d already been trading about 21 years. But his play in the former textile manufacturing company has become his most significant. Buffett bought in at $7.50 a share, and with the Class A stock now worth $297,240, the initial, $15,000 investment is valued around $594,480,000, representing returns of about 39,631 percent. benzinga . . . . . . . #money #history #business #stocktrading #entrepreneur #investing #success #trading #warrenbuffett #invest...