# Why won't Warren split his shares?

**URL:** <https://boards.straightdope.com/t/why-wont-warren-split-his-shares/284101>\
**Category:** Factual Questions\
**Created:** [January 10, 2005, 9:20pm UTC](https://boards.straightdope.com/t/why-wont-warren-split-his-shares/284101 "2005-01-10T21:20:37Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Biggirl](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/biggirl/32/3294_2.png) [@Biggirl](https://boards.straightdope.com/u/Biggirl)\
**Post date:** [January 10, 2005, 9:20pm UTC](https://boards.straightdope.com/t/why-wont-warren-split-his-shares/284101/1 "2005-01-10T21:20:37Z")

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The last time I looked Berkshire Hathaway was over 60,000$ a share. Why won’t Warren split it? Is it because he only want’s rich people owning stock in his company?

I know his class B shares are around 2000$. But I want his primo stuff.

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**Author:** ![Nametag](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/nametag/32/406_2.png) [@Nametag](https://boards.straightdope.com/u/Nametag)\
**Post date:** [January 10, 2005, 9:38pm UTC](https://boards.straightdope.com/t/why-wont-warren-split-his-shares/284101/2 "2005-01-10T21:38:08Z")

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Sort of. According to Mr. Buffett, he wants to maintain a rational stock price based on intrinsic business value. A lower stock price would encourage short-term trading, volatility, would detract from the stock’s value as a long-term investment vehicle.

[http://www.focusinvestor.com/brkfaq.htm#Q8](http://www.focusinvestor.com/brkfaq.htm#Q8)