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Non-Tech : Berkshire Hathaway Class B

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To: David Bogdanoff who wrote (476)1/25/1999 12:14:00 AM
From: 16yearcycle  Read Replies (1) of 1652
 
"Regarding inclusion of stock in S&P 500, I have the understanding the WEB only wants share-holders that share his long-term value-oriented investment philosopy. Clearly this would not happen if the stock were included in the S&P 500 list.'

I think you are right. Brk is sitting on perhaps 30 billion in bonds and cash. I suspect WEB is praying for a meltdown in the market, which will likely lead to further brilliant strokes on his part, all set up by his stealing GRN.
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