Berkshire (BRK-A) Surpasses $200K/Share for First Time as Buffett's 'Bet on America' Pays Off

(Updated - August 14, 2014 11:34 AM EDT)

Investors that believe Warren Buffett is out of touch with markets might want to think again.

Market data has Berkshire Hathaway (NYSE: BRK-A) class A shares moving above the $200,000 level for the first time ever. Shares hit an all-time high of $201,550 today, putting the company with a market cap very close to $330 billion.

Buffett has avoided splitting Berkshire's stock, saying the higher-price turns speculators away.

Berkshire's class A shares first reached the $100,000 milestone nearly eight years ago.

Buffett's bet on America has clearly been paying off; Berkshire's holdings include utilities and railroads, along with financials and conglomerates like Goldman Sachs (NYSE: GS) and General Electric (NYSE: GE). Other notable holdings include Coca-Cola (NYSE: KO), IBM (NYSE: IBM), and AmEx (NYSE: AXP). For more Buffett holdings, click here.

Berkshire employs about 330,000 people and reported net income of $19.5 billion in 2013.

Shares of Berkshire class A are still up nearly 1 percent.

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