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Yeah, normally companies carry out a stock split way before the price reaches this level because having such a high price makes trading and holding their shares
by makomk 5y ago
Yeah, normally companies carry out a stock split way before the price reaches this level because having such a high price makes trading and holding their shares a bit of a pain. Berkshire Hathaway is just unusual in that Warren Buffett considers this an advantage. Also, I guess it's not the kind of company that usually has wild fluctuations in its share price - Buffett usually seems to go for boring businesses with steady returns.