Does anyone follwo this stock closely? I do but I am not sure I understand why it is selling for $93k. Thoughts appreciated
because its earnings per share is something like $5000!
Berkshire does not trade on EPS.
Why wouldn’t Berkshire have an EPS? 1) The Stock has never split 2) Current Market Cap is ~150Billion 3) Outstanding # of shares is only 1.55MM Calculate your share price. Berkshire is an amazing story that made a lot of folks rich in the process. It doesn’t hurt that Warren Buffett is at the helm of the company. There’s no rule out there that says you have to split your stock just so it “appears” cheaper. Fork some change over for the B shares BRK.B