#1 Berkshire08-15-2014, 09:29 AM
Berkshire shares pass $200,000 for first time
OMAHA, Neb. — Naysayers have been calling shares of Warren Buffett’s company overpriced for decades. But Berkshire Hathaway Class A stock, which first topped $1,000 in 1983, on Thursday surpassed $200,000.
Berkshire has long had the most expensive U.S. stock. Buffett never split Berkshire’s A shares, although he did create more affordable Class B shares in 1996 that now sell for nearly $135.
The stock has had its ups and downs. The Class A shares first hit six figures in October 2006 and peaked at $151,650 in December 2007, when the Great Recession began. They fell as low as $70,050 in March 2009.
On Thursday, they reached an all-time high of $202,454.99.
It's been a long road and not all of it was paved.
A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
Originally Posted by Carol
08-15-2014, 09:53 AM
I could use a few A shares, I would settle for about five or six. I'm not greedy.
08-15-2014, 11:03 AM
- Join Date
- May 2008
- Northern Virginia
My mother bought some back in the sixties.... and held onto them, bless her. I have some B shares really for the sake of getting the annual report; it's always a hoot."Today, [the American voter] chooses his rulers as he buys bootleg whiskey, never knowing precisely what he is getting, only certain that it is not what it pretends to be." - H.L. Mencken
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