Don’t look now, but Warren Buffett’s Berkshire Hathaway Class A shares have now eclipsed the $150,000 per share mark. Last Friday, BRK/A closed above $150,000 for the first time ever, surpassing the stock’s prior closing high of $149,200 reached on December 10th, 2007. One share of BRK/A gained another $2,357 Tuesday to put it at $152,498 as of the close.
The B shares also made history Tuesday by closing above the $100 level for the first time ever.
For those wondering, Berkshire has handily outperformed the broad market over the last twenty years, gaining 1,173% versus the S&P 500’s gain of 253%.
It’s good to be Warren.
Original post on Bespoke