Berkshire Hathaway: World's Most Expensive Stock

World's most successful investor and ranking 3rd among world's richest people for 2011, Warren Buffett is also the man behind the world's most expensive stock, the Berkshire Hathaway Inc. (BRK trading at around $108,100 per share as of October 7, 2011.

Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska.

The annual growth is 20.3% for the last 44 years, partly because they have never had a stock split and never paid a dividend, retaining corporate earnings on its balance sheet. Berkshire now owns a diverse of business ranging from railroads, candy production, retail, home furnishings, encyclopedias, vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, as well as several regional electric and gas utilities. 

Don't have enough money to buy this mind blowing stock but still want to invest with Warren Buffett? World's Luxurious suggest checking out (BRK-B), it's way too cheaper compared with BRK-A. Anway, you may visit Berkshire Hathaway's current stock price at Yahoo Finance.

photo by James Colburn

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...