Should You Buy Class B Shares of Berkshire Hathaway While They're Below $500?

After roughly six decades, legendary investor Warren Buffett is no longer chief executive officer of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). During his long tenure, Berkshire's stock crushed the broader benchmark S&P 500 index, and Buffett became known as arguably the greatest investor of all time. Buffett will remain chairman of the company's board, but it's undoubtedly a new era at Berkshire.Buffett chose Greg Abel as the new CEO, a Berkshire veteran who has been working at the company since 1999. Given all the changes, should investors purchase Class B shares of Berkshire Hathaway while they trade for less than $500?Class B shares of Berkshire were introduced in 1996 as a way to make Berkshire's stock more affordable for investors. With the availability of fractional shares now, investors can purchase portions of a Class A share, so there is not as much of a need as there once was, but the shares certainly feel more attainable than Class A shares, which trade at about $744,100 (as of Jan. 2).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool