as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
why do some companies (like this company) have such a huge per share price?
user
simple answer is because the stocks don't split. most stocks would have a similar high price per share if they didn't split occasionally.  why don't they split? a better way to ask this is probably, why do most stocks split? the standard answer is that it gives the appearance that stocks are "cheap" again and encourages investors to buy them. some people, warren buffett (of berkshire hathaway) don't want any part of these shenanigans and refuse to split their stocks. buffett also has commented that he thinks splitting a stock also adds unnecessary volatility.
assistant