Post #5268 by sutton on the Berkshire Hathaway board

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

Unthreaded | Threaded | Whole Thread (19)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 5

I note that Mr Buffett has shown a strong preference for A shares lately relative to B shares. Since the buybacks seem sometimes to be limited by liquidity, this is a bit surprising.

Would he perhaps be looking ahead with an eye towards the cumulative benefit of retiring a small percentage of the pool of A shares (with their outsize voting rights) each year?

The math wrt voting control will change once all of his shares have ultimately been liquidated by the Gates Foundation. Institutional buyers will presumably be content spending 98c of their capital on B shares when A shares would cost $1.00, but it would still be nice to have as many A shares as possible in the hands of old stubborn individual shareholders

--sutton

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (19)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.