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Berkshire Hathaway has two classes of stock, but for a different reason. BRK.A trades for 137000.00 and BRK.B trades for 4562.00. The smaller one was issued to
by falsestprophet 19y ago
Berkshire Hathaway has two classes of stock, but for a different reason. BRK.A trades for 137000.00 and BRK.B trades for 4562.00. The smaller one was issued to make ownership accessible to individual invstors, so that an outside company would not provide that service.
The GOOG model is much closer to the NYT model, where the purpose of having two classes of stock is exclusively control. I'm glad that, for now, the New York Times and Google are in a position to not be evil.