Shares of Buffett’s Berkshire Hathaway top $200,000 for the first time

[mahatmakanejeeves]

Source: Fortune

Berkshire Hathaway stock hit an interesting psychological milestone Thursday: The cost of a single Class A share rose above $200,000 for the first time.

The stock — up less than 1% in trading Thursday and climbing just slightly ahead of the broader market — exceeded that milestone about 45 minutes after the start of trading, CNBC reported. CNBC also said that due to Warren Buffett’s dislike of stock splits, the company’s Class A shares now have the largest dollar price for any stock trading in the U.S.

And for the record: A single share of Berkshire Hathaway is just a tad under the national median existing single-family home price of $212,400.
....

So far in 2014, Berkshire’s Class A shares have risen nearly 13%, outperforming the S&P 500 and Dow Jones industrial average.

Read more: http://fortune.com/2014/08/14/berkshire-hathaway-shares/

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Disclaimer: I don't own any. Gosh, I can remember when it was selling for....

[closeupready]

1. I worked at a non-profit in the early 90's. My boss there

had joined after a few years at an investment bank. I remember even way back then a conversation we had in which she said Berkshire Hathaway (and in his own way, Warren Buffett) was a solid gold investment. It's interesting to consider that was almost 25 years ago - I believe she's retired now, but have no idea if she held BH investments she had - but I certainly wish I'd had spare cash lying around to invest back then.

But you know how it is, 'woulda, coulda, shoulda..."

[iandhr]

2. I have some class B shares

Those are obviously significantly less.

[Brother Buzz]

4. Yes, but you got a whole lot more of them after that 50-1 split

"You better cut the pizza in four pieces because I'm not hungry enough to eat six." - Yogi Berra

[iandhr]

5. You get props for quoting...

Yogi

[progressoid]

3. Hooray for the wealthy!

They have such a hard time.

[packman]

6. Speaking of wouldof, shouldof, couldof---

Way back when, sold my 100 Apple shares when it dropped to $14 and patted myself on the back when it bottomed out around $2.50. Shit, everyone knew that stock wasn't going anywhere - hippie run company.

Some people should just stay out of that stock market whirlwind.

[mahatmakanejeeves]

7. Been there; done that, sort of.

In 2001, I guess, I had a limit buy order in place for AAPL if it dropped to $13.50 or something like that. It expired while the shares were above that price.