Berkshire Hathaway Class A stock is selling at a discount. Consider It over B shares.
Thinking of buying Berkshire Hathaway stock?
If you have the money, consider the company’s Class A shares, which now trade at a tiny discount to the more liquid Class B shares. That’s CEO Warren Buffett’s advice to potential investors.
Berkshire has had two classes of stock for nearly 30 years—the original high-price A shares and the newer Class B stock that are worth 1/1,500 of a Class A share.
The Class A stock closed on Tuesday at $740,085, up 1%, while the Class B stock ended at $493.48, up 1.2%. The Class A stock closed at an equivalent price of $493.39, slightly below the B shares. Both the A and B shares are up about 9%…