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

We apologize, this video has expired.

Breaking News Emails

Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.
SUBSCRIBE
/ Source: CNBC.com

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.

We apologize, this video has expired.