⭐️ Stocks of Berkshire Hathaway
• Originally a New England textile company that Warren Buffet acquired in 1964, had an initial IPO cost per share on Class A shares estimated at $19.
• Berkshire Hathaway then became an investment vehicle for Buffet's other investments, mostly in the insurance industry.
• Trading on the New York StockExchange (NYSE), Berkshire's stock trades in two classes, A shares and B shares.
• On Aug. 14, 2014, Berkshire Hathaway's Class A shares reached the $200,000 price per share milestone, the largest dollar price per share for any stock trading in the United States.
• The A-shares trading at over $300,000 apiece - having never split and B-shares at around $200 per share.
• The company gained an overall 751,113% gain during the 1964-2014 period.
• If you had invested $1,000 in Class A shares at the $19 per share during Buffet's takeover, you would have generated over $10 million, excluding the 1967 dividend payment.
@FinancialFreedomMagazine
• Originally a New England textile company that Warren Buffet acquired in 1964, had an initial IPO cost per share on Class A shares estimated at $19.
• Berkshire Hathaway then became an investment vehicle for Buffet's other investments, mostly in the insurance industry.
• Trading on the New York StockExchange (NYSE), Berkshire's stock trades in two classes, A shares and B shares.
• On Aug. 14, 2014, Berkshire Hathaway's Class A shares reached the $200,000 price per share milestone, the largest dollar price per share for any stock trading in the United States.
• The A-shares trading at over $300,000 apiece - having never split and B-shares at around $200 per share.
• The company gained an overall 751,113% gain during the 1964-2014 period.
• If you had invested $1,000 in Class A shares at the $19 per share during Buffet's takeover, you would have generated over $10 million, excluding the 1967 dividend payment.
@FinancialFreedomMagazine