When Buffett bought enough shares to take control of Berkshire Hathaway, the stock was trading for about $11.50. Today, the shares are worth about $245,000 each. That’s a return of more than 2,100,000%, and you might think buffett would be …
However, Berkshire Hathaway created a Class B stock, with a per-share value originally kept (by specific management rules) close to 1 ⁄ 30 of that of the original shares (now Class A) and 1 ⁄ 200 of the per-share voting rights, and after the January 2010 split, at 1 ⁄ 1,500 the price and 1 ⁄ 10,000 the voting rights of the Class-A shares.
2016-04-28 · I own a little bit of Berkshire Hathaway stock. As of Thursday morning the Class B shares I own were trading at about $147 a share and have one-1,500th the …
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