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Updated almost 5 years ago on . Most recent reply

User Stats

83
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35
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Hugh Carnaha
Pro Member
  • Rental Property Investor
  • Springfield, MO
35
Votes |
83
Posts

Why berkshire hathaway?

Hugh Carnaha
Pro Member
  • Rental Property Investor
  • Springfield, MO
Posted

I hear people on Money or FI podcasts will sometimes purchse a single share of this stock. I think it's to gain access to their annual meeting. Why are people doing this? What is the draw to include a single share of this? Is it a vacation destination or something?

  • Hugh Carnaha
  • Most Popular Reply

    User Stats

    404
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    542
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    Corey Hawkinson
    • Rental Property Investor
    • Bloomington, MN
    542
    Votes |
    404
    Posts
    Corey Hawkinson
    • Rental Property Investor
    • Bloomington, MN
    Replied

    @Hugh Carnaha At that price per share ($325,000), even the people that can buy the stock can only buy 1 share. Even if I wanted to I could not buy a share. But I would assume the price is the main reason someone would only buy 1 share instead of a higher amount of shares which is typical for every other stock.

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