Warren Buffett's Berkshire hits near six month high

Investing.com
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Investing.com -- Berkshire's Class A shares (NYSE:BRKa) reached a near six-month high, trading up 1.7% at $731,224. The company’s Class A share price touched $741,971 on June, following a glitch that briefly caused the class B shares to fall more than 99%. 

Berkshire has stake in a diverse range of businesses, including Geico car insurance, the BNSF railroad, Berkshire Hathaway Energy, and Dairy Queen ice cream.

Earlier this month, the company’s cash pile topped $300 billion in the third quarter as Warren Buffett continued his stock-selling spree and refrained from repurchasing shares.

Berkshire’s massive stock portfolio is led by Apple (NASDAQ:AAPL), whose share price has risen 22% this year.

Buffett, the legendary investor and chairman of Berkshire Hathaway, has committed to donating 99.5% of his remaining wealth, currently valued at over $150 billion by Forbes, to a charitable trust managed by his daughter and two sons after his passing.

Year-to-date, Berkshire Hathaway stock has gained approximately 35%.

* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

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