The amazing Berkshire Hathaway set two new huge milestones this week: (i) The stock price of the BRKA shares are now more than $700,000 each, up from $7.50 when Warren Buffett bought his first share in December 1962. And with that (ii) the market cap of the company now exceeds $1 trillion.
Quite amazing unto itself, but even more amazing when you look at the other trillion dollar companies of the world. Six of the other seven are the Big Tech: Apple, Amazon, Microsoft, Google, and Facebook, plus the newest addition, Nvidia. The only other is Aramco, the government owned oil company of Saudi Arabia.
I’m a big fan of Buffett. This year I made the pilgrimage to Omaha for the Shareholder Gathering. And on top of that, my latest book explains how Berkshire Hathaway works and how the learnings from that 60+ year success story can be used to end hunger and poverty in Africa.
