Presumably the advice should be "it's never worth it to only buy a few hundred dollars worth of shares", since buying a single share worth $10,000/share is a decent deal (with respect to the commission, at least).
There aren't many shares priced up at that point because there is usually a stock split so that the shares are then more affordable and therefore more liquid.
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Presumably the advice should be "it's never worth it to only buy a few hundred dollars worth of shares", since buying a single share worth $10,000/share is a decent deal (with respect to the commission, at least).
There aren't many shares priced up at that point because there is usually a stock split so that the shares are then more affordable and therefore more liquid.
At the time of this posting, Berkshire Hathaway stock is trading at $172,750.31 per share and Seaboard Corporation is at $2,765.00/share.
Of course, other than those two, I think the next most expensive stocks are in the google/apple $400-1000 range.
Yes, a single BRK-A would be ok :)