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World’s Most Expensive Stock: Costs More Than Your HDB and Salary

2 min read

Ever wondered what is the world’s most expensive stock in terms of stock price?

We were curious and did a little bit of digging just for fun. Turns out, buying 1 lot of the world’s most expensive stock costs as much as a HDB BTO in Singaporean’s context.

Here are some of the world’s most expensive stocks and what they actually do.

 

Editor’s Note: Having the most expensive stock price does not necessarily mean the company is the richest.


Berkshire Hathaway Inc.

Berkshire Hathaway holds the record for being the most expensive publicly traded stock (which means consumers like us can invest in it if we want to).

One can look it up on the New York Stocks Exchange (NYSE: BRK.A).

The last we checked, 1 share of it costs USD335,630, which is equivalent to about S$460,736.

The average selling price of a 4-room BTO flat in Tampines? S$312,000 as of May 2018.

In case you are wondering, here are some facts about Berkshire Hathaway (BRK.A):

  • It is an American multinational conglomerate holding company
  • The chairman and chief executive of Berkshire Hathaway is Warren Buffett (That’s right!)
  • Buffett has never split Berkshire Hathaway’s stock
  • The high price encourages investors to take a long-term view on their investments, instead of thinking of quick wins.

Here’s the list of Berkshire Hathaway’s subsidiaries, as of the year 2017:

  • GEICO
  • Dairy Queen
  • BNSF Railway
  • Lubrizol
  • Fruit of the Loom
  • Helzberg Diamonds
  • Long & Foster
  • FlightSafety International
  • Pampered Chef
  • NetJets
  • 38.6% stake in Pilot Flying
  • 26.7% stake in the Kraft Heinz Company
  • 17% minority holding in American Express
  • 9.4% minority stake in The Coca-Cola Company
  • 2.5% minority stake in Apple, etc.

Chocoladefabriken Lindt & Spruengli AG

If you are a true chocolate lover, this company should not come as a surprise.

Listed on the SIX Swiss Exchange, Chocoladefabriken Lindt & Sprungli AG manufactures chocolates and confectionery products. It operates subsidiaries and sells products through distributors all over the world.

1 share of Chocoladefabriken Lindt & Sprungli AG (SWX: LISN), costs S$113,852 at it highest share price.

Chocoladefabriken Lindt & Sprungli AG is currently the top 5 biggest chocolate producer in the world.

Seaboard Corporation

With share price more than the median salary of an average Singaporean, 1 share of Seaboard Corporation costs US$4,640 at its highest. That adds up to S$6,368.

We took a peek at Seaboard Corporation’s portfolio, to realised that it is diversified across a few industries:

  • Pork
  • Marine
  • Commodity Trading and Milling
  • Sugar
  • Power
  • Turkey

NVR Incorporated

For fans of homebuilding, NVR Incorporated is a company based in America that does home buildings and mortgages.

The homebuilding unit sells and constructs homes under the Ryan Homes, NVHomes and Heartland Homes brands.

1 share of NVR Incorporated (NYSE: NVR) costs us USD3,558 which is S$4,882.

Booking Holdings

Formerly known as Priceline Group, Booking Holdings (NASDAQ: BKNG) will be exciting for people who love to travel.

Booking Holdings is actually the company behind most of the popular travel fare aggregators and travel fare metasearch engines.

Their more commonly known companies are:

  • Booking.com
  • Priceline.com
  • Agoda.com
  • Kayak.com
  • Cheapflights
  • Rentalcars.com
  • Momondo
  • OpenTable

At its peak, 1 share of Booking Holdings costs S$2,978.


Further Reading: Possible portfolio suggestions

Seedly had the honour to interview some of the more seasoned financial bloggers in the investing field a while back.

Here’s a peek at some of their portfolios:

Should you be interested to get an opinion from the Seedly Community, feel free to ask the question anonymously here.

Check out our blog for more unbiased opinions on your personal finance journey.

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