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.
He was turned down because Harvard thought he was too young when he applied for Harvard Business School. He was 19 at that time and he was already trying to get into a graduate school (Harvard). Before he tried getting into Harvard, he studied at Wharton for only a year. He left Wharton because he found it boring (for someone who was considered to be a mathematical genius, has a photographic memory, and read business & investing books at age 10). After Harvard turned him down, his eyes were set on Columbia University’s Finance Department where Benjamin Graham and David Dodd were professors…then you know what happened half a century later..
why is the stock so expensive?
The stock is so expensive because it never splits. Usually, when stocks get really expensive, they split so that a share is only half the price. In addition, anyone who owns a share during a split gets twice as many shares.
wow. i bought 30 million
If buffet is so rich and he gave away so much money wouldn’t it be nice if he would give me a million dollars he won’t feel it even for a sec. But I’ll be so happy !
OMG, stop talking like he is god, he made bunch of money that is all. He seems to be nice and that is great but whatever. You talk like he a mythological creature. Many tycoons have become just as wealthy and are not as cunning, so chill on the propaganda.
Just wanted to say that I belive that Mr. Buffet has made alot of great decisions in his life and they have worked in his favor. He is also a great business man. I would love to be able to sit down and talk to him face to face.
I will be the next Warren Buffet!!! Then people can wite propaganda about me
Its all true, Buffett himself did reportedly owned 498,320 shares of the most expensive stock in the United States as of May 2006. and earlier last 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. One of my business partners, Tony Granims actually lost about $345,000.00 dollars investing in that same arena. Its not all good.. Whats go’s up will eventually fall down.. History will always repeat itself!
I want to meet that Buffett. Maybe he can give me some of his money. LOL Sooo stupid of me because i dont understand anything about stocks.LOL
In order to meet with the mythological creature Mr. Buffet you gotta pay 2.5 million dollars for the lunch meeting with him. As well, not only the people who have 2.5 million dollars can meet him, but also their popularity and tec. TTherefore, meeting Mr. Buffett isn’t that easy unless you owns 1% of his fortune.
My point is that if you owns 1% of his fortune, why bother asking him for the 1 million dollar? haha.
is really interesting how people can make such money.
i hope to be more than mr buffet some days can’t wait
@Alvin.
Alvin your first issue getting to that point, will be that you already state that you cannot wait. Well, to reach the point that Mr. Buffett has reached, you need patience, be willing to make sacrifices, be willing to make enemies, and be willing to work the long days. Once you can do that, without regretting it and giving up, you can propel yourself to that point. And on the fact of Harvard dismissing Buffett for age, or whatever people may think it was, 90% of your CEOs and Business owners, have no formal schooling, nor training, they just know how to do it. I know I replied to an old post, just putting my two cents in. But then again, its not as though I know anything about the business world.