Re:Berkshire Hathaway’s stock price is too high for Nasdaq c...
by snowwrestler on Wednesday May 05, 2021 @12:32AM
(#27046202)
I think so. And I find it hard to believe that is already priced in, because only Buffett fans are interested in buying BRK.A now, and fans are frequently not rational about their fandom.
You don’t need to buy BRK.A to benefit from Buffett’s financial acumen. You only need to buy BRK.A if you want to say you own BRK.A.
Also, the harder it is to transact a stock (and a price over $400,000 makes it hard), the less efficient price discovery is.
You don’t need to buy BRK.A to benefit from Buffett’s financial acumen. You only need to buy BRK.A if you want to say you own BRK.A.
Also, the harder it is to transact a stock (and a price over $400,000 makes it hard), the less efficient price discovery is.