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Tuesday, 12/17/2013 1:15:27 PM

Tuesday, December 17, 2013 1:15:27 PM

Post# of 6994
Public's learned that >$100 stocks have far outperformed penny garbage. Had two huge div increases just yesterday, BA (50%) and 3M (35%). Right now, the majority of my stocks are over $100 and no one's demanding splits.

Few "players" understand that Microsoft was often >$100 during its early days. It usually split around $150. "The next MSFT" is much more likely to be high priced.

Interesting how splits have gone out of style. Buffett's been harping on that for decades. There's also an element of snob appeal. I wonder how many own a share of BRK-a just so they can drop that tidbit at a cocktail party?

I don't own BRK, do own BA.

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