Subject: Re: Nope, Not Gonna Do It
“My apologies for spreading incorrect information.”
No worries and it does make me wonder how often Berkshire is notified from those entities holding large blocks of A shares that may coming up for sale? I think I recall Warren said he thought it reasonable that one prefer the A shares as long as they were less than 2% above the price of 1500 B shares given the more powerful voting rights.
I’d like to think a lot of us would call Omaha initially if we were interested in selling a block of A shares. It will be interesting to to see how many A shares exist in 5/10/15 years with conversions, charitable contributions and generational wealth transfers. I do hope we can buy back Warren’s A shares as the Buffett family foundation makes its contributions.