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Keith Speights
Verified
Contributor, The Motley Fool (U.S.)
Beats
sports business breaking news and retail. spirits + alcoholI'm a writer for CNN Business covering consumer brands
Economy, politics
Content
By Keith Speights Verified| Nasdaq Verified If you invested $10,000 in Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) 30 years ago, how much money would you have today? That's a trick question. You couldn't have invested only $10,000 in Berkshire in 1995 for three simple reasons: (1) Only Class A shares traded at the time, (2) the Class A share price was much higher than $10,000, and (3) fractional shares weren't available yet. Let's suppose, though, that those real-world obstacles didn't exist.
By Keith Speights Verified| The Motley Fool (U.S.) Verified What a difference five years can make. Just look at Eli Lilly (LLY 14.56%). In April 2020, the drugmaker stood in the shadows to some extent with companies including Johnson & Johnson, Pfizer, and Merck boasting larger market caps. Today, Lilly ranks as not only the biggest pharmaceutical company on the planet but also the biggest healthcare company in the world with a market cap of roughly $718 billion.
By Keith Speights Verified| Nasdaq Verified If you invested $10,000 in Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) 30 years ago, how much money would you have today? That's a trick question. You couldn't have invested only $10,000 in Berkshire in 1995 for three simple reasons: (1) Only Class A shares traded at the time, (2) the Class A share price was much higher than $10,000, and (3) fractional shares weren't available yet. Let's suppose, though, that those real-world obstacles didn't exist.
Company Info
The Motley Fool (U.S.)
United States