Post #8000 by abromber on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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I would have expected them to have the company buy and retire voting shares so that their own voting power is maximized, somewhat akin to what Mr Buffett has done, so I thought perhaps they have so much voting control that there is no need to bother. But no: apparently they have only about 51.4% voting control, pretty close to the wire. So I guess the reasoning is different: since they have absolutely no need to sell ANY voting shares (lots of non-voting shares to liquidate), the 51.4% fraction won't be falling at all, so they're secure, so they can use the reasoning above.

Interesting question: would it be worth a premium to buy control of a public company? Are there examples?

abromber

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