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Interesting that it holds BRK.B shares rather than BRK.A shares. Is this because the foundation assessed that they would move the market less when buying BRK.B
by hkmurakami 12y ago
Interesting that it holds BRK.B shares rather than BRK.A shares. Is this because the foundation assessed that they would move the market less when buying BRK.B instead of BRK.A?
- saalweachter 12y agoThe principle difference between BRK.A and BRK.B is voting rights. If you don't intend to exercise your voting rights (or don't need to -- if Bill Gates has a concern about how Berkshire Hathaway is being run, you don't think he can just call Warren Buffett up and have a chat?) why would you pay the premium for voting shares?