Kevin Lamarque/Reuters
Warren Buffett
- Berkshire Hathaway's Class A is the costliest stock in the world, with its price sitting at roughly $300,000 a share.
- This is primarily due to CEO Warren Buffett's choice to not split the shares as they rise in value. He once said that keeping the share price so high drives away traders looking to make a quick buck.
- Here are a few luxuries you could buy for the same price as a single share of BRK.A, ranging from 151,000 lottery tickets to two houses.
- Watch Berkshire Hathaway Class A trade here live.
Berkshire Hathaway Class A continues to be the priciest stock in the US, sitting at roughly $300,000 a share.
The high price is partially due to Warren Buffett's decision to avoid splitting the stock, a move that increases the number of shares available while lowering their prices accordingly. Buffett once said a stock split for Berkshire Class A would open the doors to day traders looking to grab quick returns and ignore the CEO's buy-and-hold strategy.
"I don't want anybody buying Berkshire thinking that they can make a lot of money fast," Buffett said in a biography. "They're not going to do it, in the first place. And some of them will blame themselves, and some of them will blame me."
He continued: "They'll all be disappointed. I don't want disappointed people."
The company's Class A shares are down about 1% year-to-date. Here's what selling a single share of Berkshire Class could buy you right now: