No. of Recommendations: 7
You don't agree that siri is higher today than it otherwise would be if brk hadn't acquired over 30 % of the issued and outstanding?
Right, I don't agree.
If it is, it would only be because some people heard about it and wanted to coat tail because they think Berkshire has good stock pickers. The change of ownership of some of the shares doesn't change the value of all the shares, at least not after the day of the trade (since there is finite liquidity at any given time). Consider: Would the price go up if I bought some, with someone else selling? Or would it go up if I sold some, with someone else buying? Neither.
Jim
