Berkshire Hathaway Class B Shares to Split 50-1

As part of the $44 billion acquisition of Burlington Northern Santa Fe, Berkshire Hathaway announced that it is splitting its Class B shares 50-1, making the $3,200 or $3,300 B shares a much more affordable $65.30 per share.  The Class A shares will retain their $100,000+ price tag.  If you don't understand how stock splits work, you can read What are Stock Splits?

I've been able to teach you a lot about how investing works thanks to the lessons Buffett teaches at the annual shareholder meeting.  Take a few moments to read through some of this content to see how useful it can be for new investors:

• 10 Lessons from the Berkshire Hathaway Shareholder Meeting of 2007
• 8 Lessons from the Berkshire Hathaway Shareholder Meeting of 2008
• Warren Buffett Biography
• How to Use the Berkshire Hathaway Model in Your Own Life

(Disclosure: As long-term readers know, I have a big investment in Berkshire Hathaway both personally and through my companies.)