How to Buy Berkshire B Stock
Berkshire Hathaway is the corporation managed by America's wealthiest investor, Warren Buffet. The Omaha-base conglomerate owns or has large investment positions in a diverse range of companies such as Geico, American Express, Coca Cola and Wells Fargo. Berkshire has never done a share split and in 2009 the regular stock shares cost over $100,000 per share. The Berkshire class B shares are a lower-priced way to invest in Berkshire Hathaway.
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Instructions
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Look up the share price for Berkshire Hathaway class B shares. The ticker symbol is BRK.B. In early December 2009, BRK.B traded for a little under $3,400 per share.
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Determine how many shares of BRK.B you want to purchase by dividing the amount you want to invest by the current share price. Regular stock broker accounts will require the purchase of whole shares. Online stock purchase firm Sharebuilder allows investors to invest with fixed-dollar amounts and buy fractional shares.
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Use your online broker account or call your stock broker and place the order for BRK-B shares.
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If you do not have the cash in your brokerage account, you have three business days to deposit the money.
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Tips & Warnings
According to the company, each share of Berkshire class B stock has the rights of 1/30 of a class A share except for voting rights, which are 1/200 of a Class A share.
Warren Buffet and Berkshire have a tremendous long-term record of profit for shareholders.
Although it is customary, it is not necessary to purchase a round lot of 100 shares of any stock. You can purchase as little as one share of BRK.B through most brokers.
All stocks, including Berkshire, fluctuate in value. The past is no guarantee of future performance.
