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Strategies & Market Trends : Buy Berkshire instead of Vanguard S&P (BRKA) -- Ignore unavailable to you. Want to Upgrade?

To: bigredfreak who wrote (156)	3/12/1999 7:38:00 PM
From: Dick Smith	Respond to of 313

BRK.A vs BRK.B bigredfreak wonders "Here's dumb question ... is there any difference (besides price and daily trade volume) in buying BRKA versus BRKB?" Well, BRK.B is 1/30th the price of BRK.A. It has only 1/200th the voting interest, but that doesn't matter much, since Buffett & Munger have voting control, anyway. You can split one BRK.A into 30 BRK.B, but you can't join them back together. This guarantees that BRK.B won't be worth much more than 1/30th of a BRK.A, but doesn't keep it from going lower. However, if you check the charts, I think you'll see that they've stayed pretty well aligned. Dick

To: bigredfreak who wrote (156)	3/12/1999 7:42:00 PM
From: JP Sullivan	Respond to of 313

is there any difference (besides price and daily trade volume) in buying BRKA versus BRKB? The B share has 1/30th the voting power of the A share -- if I'm wrong, someone please correct me. Also you can convert an A share into 30 B shares BUT you cannot convert 30 B shares into one A share. It's a one-way street. I'm pretty sure this information is at BRK's Web site. Go see for yourself. Winston