USA Today reports on another milestone for The Oracle of Omaha.
For $100,000, you can buy a high-performance Mercedes-Benz CLS63 AMG coupe, a 74-day round-the-world cruise in a Royal Suite on the Queen Mary 2 — or one share of Berkshire Hathaway (BRKA) stock.
The price of a share of Warren Buffett’s company Monday became the first stock to ever close at the six-digit mark at $100,000, says Ned Davis Research.
No other stock has gotten close. Even Google (GOOG), which hit a high of $480.78 Monday, is a far cry away.
The second-most-expensive stock ever was Allegiant Physician Services at $15,250.00 on Jan. 7, 1993, says Ned Davis, based on data going back to 1972.