Berkshire Hathaway's "A" Stock Has Never Split

question 103

True/False

Berkshire Hathaway's "A" stock has never split.As a result,in mid-2014 one share of the stock was selling at a price of more than $190,000 per share.

Understand escalation of commitment, its causes, and effects.

Relate personality traits to the likelihood of escalation of commitment.

Recognize the treatment and impact of sunk costs in decision making.

Identify examples of cognitive biases in post-decision evaluations.

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Definitions:

France and Germany

Two major European countries with a complex history of rivalry, cooperation, and influential roles in European and world affairs.

German Spoken

is a reference to the German language, which is spoken in Germany, Austria, Switzerland, and other countries as a mother tongue or foreign language.

Contentious Relations

Describes relationships, whether between individuals, groups, or nations, characterized by conflict, controversy, or rivalry, often marked by public disagreements or disputes.

Catholic Church

The largest Christian church, led by the Pope, with a global presence and a rich history dating back to the Roman Empire.