Investment company share value Berkshire Hathaway, controlled by American billionaire Warren Buffett, broke a record $200 thousand.Berkshire recorded investment income last quarter at $1,963 billion
It is worth noting, that eight years ago the share price exceeded $100 thousand 24 October 2006 of the year, $50 thousand. – 29 January 1998 of the year, $10 thousand. 16 november 1992 of the year. but, first frontier in $100 the share price overcame in the distant 1977 year. Sharp growth in trading on Thursday, as a result of which the value of securities increased by 0,6% or $1258, was provided with good quarterly data. According to the company's press release, the company's net profit in April-June amounted to $6,395 billion, or $3889 per class "A" share, compared to $4,541 billion, or $2763 per share, received for the same period last year.
The indicator for the past quarter became a record in the history of the company. Operating profit, which does not take into account gains or losses from investments and derivatives, increased by 10% to $4,331 billion, or $2634 per share, against $3,919 billion, or $2384 per share, a year earlier. Such a high share price is due to the fact, that Buffett avoided splitting, because I thought, that this limits short-term speculative transactions in securities, although other large companies, such as Apple Inc. и Wal-Mart Stores Inc. quite often resorted to this practice. As a result of the constant growth in the value of shares, which was provided with successful purchases and investments, Berkshire Hathaway ranked fifth by market value in the world. Since the beginning of this year, Berkshire Hathaway shares have risen by 13%, while the rise of the Standard stock index & Poor’s 500 made up only 5,6%.
