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Warren Buffett’s Company Shares Pass Through $200,000 Milestone

If you want a piece of Warren Buffett, the second richest man in America, it will now cost you $200,000. That's the price a Class A share of his company, Berkshire Hathaway, reached in trading on Thursday. That's just one share for the price of a nice six-bedroom, four-bath house in his hometown of Omaha, Nebraska. While many companies use stock splits to keep their per-share price under $1000, or even below $100, Buffett isn't a fan of that maneuver because he thinks it encourages short-term trading rather than long-term ownership. As a result, Berkshire's Class A has, by far, the largest dollar price per share for any stock trading in the U.S.

Buffett: Investing for the long haul 1:46