Berkshire Hathaway stock?
Better than a mutual fund?
Because you pay no fees. unlike a mutual fund?
Answers:
Berkshire Hathaway is an excellent investment. It is currently at a fairly good value level -- although frankly it was an absolute steal about a year ago. Still, it's highly likely if you buy it now and hold onto it, you will make a substantial gain in the next few years.
Not only does the total value of the company and its holding look pretty good compared to the price, particularly once you include the investments (stocks, etc.) and cash, but you also have one of the best investors of all time deciding on how to invest the cash and the future earnings.
Despite the other comment about whether you can afford it, remember that there is a B-stock currently around $3660 which is more affordable for most folks than the A-stock at $109,320.
You do, however, pay the equivalent of a one-time fee by virture of the brokerage commission when you buy the stock. You are correct that it can be less overall than ongoing mutual fund fees. Plus, if Warren Buffett ran a mutual fund I'd probably jump at it.
maybe.. but the stock does not come cheap.. although it has done well till date, there is no guarantee that it would do so in the future...
sure its a good investment but question is can you afford it?
if you have 100,000 a share to buy then you shouldn't be asking the question here...
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