4 ms·
Could one maybe just buy one share of berkshire hathaway? Could one buy fractional shares of berkshire hathaway on fidelity?
by bb88 4y ago
Could one maybe just buy one share of berkshire hathaway?
Could one buy fractional shares of berkshire hathaway on fidelity?
- SamReidHughes 4y agoThere are class B shares, so there's no need for fractional shares. I don't like the idea of paying the Berkshire premium myself (as it's priced greater than the sum of its assets) but I'd rather hold it than SPY.
- listenallyall 4y agoThe problem with your logic is that when Berkshire takes a position in a new company, you, not being a BRK shareholder, must pay a significant premium to clone that position. In other words, once it becomes public info that BRK bought a lot of company X stock, that stock will likely have jumped 10-20%, and you're forced to pay the higher price to maintain parity.
- deleted 4y ago[deleted]