Many people respect Warren Buffett as the stock god. My question is, since Buffett is consistent with his gains, would it be a bad idea investing in $BRK.A buy buying fractional shares as I know people avoided it in the old days when one can only buy whole shares which meant you had to have the monetary resources or would it still be better to buy something like SPY?
Just at quick glance, they’ve actually performed pretty similarly over the last five years.
There was a broader variance at their peaks prior to the crash, $BRKA was up 114%, while the S&P was up 99%.
It certainly wouldn’t be the worst company to take a large position in.
The problem that some investors might have with investing into $BRK.B right now is soon WEB won’t be at the stirring wheel and so some say future brkb won’t look like last and it might be safer to play via SPY
I can’t say that’s true or false, time will tell and we all should make our own decisions and stick with them
You can alternatively buy B class shares, that go for ~265 USD.
@investmenttalk - I think I mentioned the A without thinking about the B because I remember in the old days when people still called in to place trades, there used to be the joke that the client would say "I want to buy one share of" broker hangs up phone "BRKA" before they can even say the name. I didn't realize that B shares had the same performance since I would have thought A had some advantages for being priced higher.