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Unbelievable: Berkshire-Hathaway Stock Goes Up When Anne Hathaway Is in the News

The "Hathaway Effect": How Anne Hathaway makes the stock market rise and fall.


The graph above depicts the nearly three-point rise of Berkshire-Hathaway shares on the day after this year's Academy Awards. Although the actress Anne Hathaway, co-host of the 2011 Oscars, has nothing to do with the conglomerate corporation, author Dan Mirvish seems to have found a correlation between her and the company: Every time there's a lot of news chatter about Anne Hathaway, Berkshire-Hathaway, which is headed up by Warren Buffett, sees a jump in its stock prices. The evidence (BRK.A is Berkshire-Hathaway's trading name):

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