You and Warren: Becoming Besties (For a Price) - A Guide to Owning a Slice of Berkshire Hathaway
Let's face it, you've probably heard the whispers. The murmurs of legendary investment prowess. The hushed tones about a certain Oracle of Omaha and his ever-so-successful conglomerate, Berkshire Hathaway. Well, my friend, those whispers are true. And you, yes, YOU, could be a part of it all. That's right, chum, for a mere fraction of, well, a whole lot of money, you too can be a Berkshire Hathaway shareholder!
But hold on there, buckaroo, before you start emptying your piggy bank (or your kid's college fund, we don't judge), there are a few things you need to know.
QuickTip: Focus more on the ‘how’ than the ‘what’.![]()
How To Buy A Share Of Berkshire Hathaway |
Step 1: Befriending Your Broker (Because Apparently Warren Doesn't Take Retail Investors)
Unlike that time you convinced your grandma to buy you that limited edition Beanie Baby collection (remember Fizzy the purple hippo? No regrets!), you can't exactly waltz up to Berkshire Hathaway HQ and plunk down your cash for a share. Nope, you'll need to cozy up to a brokerage account. Think of it as your fancy new investment matchmaker.
Tip: Every word counts — don’t skip too much.![]()
There are a bunch of these online robins-hoods (in name only, they charge fees) out there, so do your research, pick one that tickles your fancy (and doesn't have hidden fees like a gremlin in your attic), and get yourself an account.
QuickTip: Read section by section for better flow.![]()
Step 2: Understanding the Berkshire Hathaway Stock Supermarket (Because There's More Than One Aisle)
Now, Berkshire Hathaway isn't like your local grocery store with just one type of milk. They've got two kinds of stocks: Class A (BRK.A) and Class B (BRK.B). Class A is like the vintage kale at the fancy store – super expensive and probably out of your reach. Class B, on the other hand, is the good ol' reliable carton of milk – still gets the job done, and your wallet will thank you. That's the one you want, unless you've got a spare million lying around (in which case, can I borrow a twenty?).
QuickTip: Don’t rush through examples.![]()
Step 3: The Moment of Truth (But Maybe Not Quite Ownership)
Alright, you've got your broker buddy by your side, you know which milk (erm, stock) to grab. Now comes the exciting part – placing your order! This is where things get a little technical, but don't worry, it's not rocket surgery (though if you are a rocket surgeon with a hankering for Berkshire Hathaway, more power to you!).
You'll be putting in the ticker symbol (BRK.B, remember?), the number of shares you want (be honest, how many kidneys are you willing to sell?), and maybe even a fancy order type (research this one if you're feeling adventurous). Then, with a click (or a tap, depending on your device), you'll be the proud (partial) owner of a company that owns things like Dairy Queen and Duracell!
Important Disclaimer: By "partial owner," we mean you technically own a tiny sliver, but hey, every journey begins with a single… well, in this case, a very expensive… share.
Congratulations! You're Basically Warren's BFF (Well, Sort Of)
So there you have it! You've successfully infiltrated the world of Berkshire Hathaway ownership. Now you can sit back, relax, and pretend you're strategizing investment moves with Warren Buffett himself. Just remember, while you may not be rolling in Berkshire Hathaway dough just yet, you're a part of something bigger. And who knows, maybe someday you'll be the one giving investment advice (with a wink and a nudge about Fizzy the Beanie Baby, of course).