Most Expensive Stock in the US
Written by: tom Filed Under: United States on October 8th, 2006Stock price is determined fundamentally with the law of supply and demand. The most important factor that affects the value and appreciation of stock shares is a company’s earnings. What is the most expensive stock in the US?
The price for one Class A share of the most expensive stock in the US briefly topped $100,000 on Thursday October 5, 2006. Which stock is the highest-priced shared on the New York Stock Exchange?
Warren Buffett’s Berkshire Hathaway’s (BRKA) headquartered in Omaha, Nebraska, USA is a large holding company with a phenomenal annual return for its shareholders averaging over 25% during the last 25 years. The expensive stock price of Berkshire Hathaway has been attained in part because Berkshire Hathaway has never split it’s shares. Because of the high per-share price of the stock, the company is has not been made part of a stock market index such as the S&P 500.
Buffett himself reportedly owned 498,320 shares of the most expensive stock in the United States as of May 2006. Earlier this year Buffet made the commitment to give away his fortune to charity, announcing plans to contribute approximately 10 million of the less expensive Berkshire Hathaway’s Class B shares (worth over 30 billion USD) to the Bill and Melinda Gates Foundation.
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Can you believe Warren Buffett was turned down by the Harvard Business School?
I guess it just goes to show — the “experts” aren’t always right and that we can always take a negative event and turn into the fuel required to succeed!
Congratulations, Mr. Buffett.
Very true, i am glad i didn’t go to Harvard.
Shame on you Harvard. I’m going to take over the world!!!!
Congrads, Mr. Buffett.