24.05.2024 11:55:00

The Best Finance Stock to Invest $1,000 in Right Now

If you have $1,000 to invest, you won't be able to buy the A shares of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), which trade for more than $600,000 a piece. But there are Class B shares currently priced around $400 or so. Believe it or not, it might be worth it for you to buy two shares of Berkshire Hathaway's B class. Here's why -- and it probably isn't the reason you'd expect.The obvious answer to the question, "What is Berkshire Hathaway?" would be, "A company." But that's not the full story. Berkshire Hathaway once manufactured textiles, a business that it had to close because foreign competition was eating its lunch. What this company has really turned out to be is the investment vehicle of Warren Buffett.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool