Warren Buffett's Berkshire hits near six month high

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%.

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