Warren Buffett’s Berkshire Hathaway (BRK) has been a godsend for investors over many decades. The company does not throw off a dividend, and the only tax implications in owning the stock are when you sell. The annual per share market value of BRK has been 20 percent since 1965, while the S&P 500 has only returned just over 10 percent per year. It is like a mutual fund, as it is a conglomerate and operates without the fees or tax implications of a mutual fund.
By owning the one stock, an investor is getting Apple, Coca-Cola, American Express, NetJets, and many other companies under one roof so-to-speak. For the past 55 years, BRK has been a long-term efficient way to invest in the stock market and is meant to be a long-term hold instead of trading the stock regularly.
There are two classes of stock: the Class A share and the “baby” B shares. Today, the Class A share is trading just over $394,000 per share, and the Class B shares are trading at just over $260 per share.
For the first time in the company’s history, BRK will hold its annual meeting virtually on May 1, 2021 at 1:30PM Eastern via this link: https://finance.yahoo.com/brklivestream. The meetings are always entertaining and more importantly, informative..