Can two people be part owners in a stock like Berkshire hathaway?

Question

Pretend a friend and I wanted to invest 60,000 in Berkshire hathaway for one share and we sign a contract that the stock is owned by both of us will this work? Would we own part of the company?

Answer 1

In the extreme case of Berkshire Hathaway, pooling your money and creating a joint venture for one $120,000 share is going to be more trouble than it's worth. Berkshire's "B" stock is only $4000 today, and tracks very closely to the "A" stock in terms of performance.

Answer 2

It seems kind of silly when you can buy the class b shares for around 4k/sh.

Answer 3

Just open up a brokerage account in joint name. Then you each own whatever is in the account.