We mentioned that Apple is Warren Buffett’s most widely held position and that AAPL stock has delivered huge gains to Berkshire Hathaway. However, Berkshire itself is no slouch as an investment. In fact, the stock has been a juggernaut for long-term buy-and-hold investors for decades. Berkshire Hathaway’s Class A stock has doubled twice in the past decade. Since 1990, the stock has grown more than eight million percent.
That kind of growth is mind-boggling. So too, is the current $480,000 share price of the Class A stock, which has never split. The Class A shares have gotten so hefty that stock exchanges have had to be reconfigured to enable them to continue trading on their bourse. Berkshire’s Class B stock, which trades at a ratio of 1/1,500th of the Class A stock, is more reasonably priced at $317 per share currently. Any way you slice it, Warren Buffett’s Berkshire Hathaway has proven to be a stupendous long-term investment.
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