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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?


To: Benkea who wrote (986)8/27/1999 2:58:00 PM
From: Leroyt  Read Replies (1) | Respond to of 1652
 
Benkea, The problem with that idea is that the shares were A shares but the selling pressure seems to be coming for B shares.

I personally think it has to do with GenRe shareholders perhaps some who had up to 1 year to liquidate their shares or something to that effect. Some funds require all stock to be S&P 500 and others may require a dividend paying stock. BUT, it would have been absurd to give themselves NO time for liquidating shares that trade so thinly.

As with you, I have reallocated MOST of my assets into BRK B and will do more if the stock price continues to decline.

later, leroyt