Who Buys The Expensive Stock?

Discussion in 'The Cocktail Lounge' started by Rainman, Nov 12, 2015.

  1. Rainman

    Rainman Senior Investor

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    After reading an article that seemed to suggest that Amazon's stock is now the most expensive, I had a look around to find out if this was true. They couldn't have been further from the truth.

    Berkshire Hathaway Stock trades at $202,355. I wonder who buys this stock, Billionaire investors?
     
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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  3. baudwalk

    baudwalk Senior Investor

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    Expensive in terms of price per share is a meaningless discussion. One has to evaluate "expensive" using value investing measures, ratios, et al. I usually first look at the PER, comparing it to an industry or sector average, but that's me.
     

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