Share price is set by supply and demand....BRK.B is a very well known stock.
It was not included on the S&P 500 before but now they are talking that it may be included. What does this mean? Well all those mutual funds and ETF's that buy the S&P 500 will have to include it in their portfolio.
They did the split so that they could buy Burlington Northern in a partial cash deal. As part of the deal, they need to give shares of Berkshire to Burlington shareholders, many of whom own less than the $3000 needed to receive one of the old BRK-B's.
Economic theory says "no". If you give me a $100 bill, and I give you two $50, it's a zero-sum exchange.
But that's theory. In practice, an increase in a stock's liquidity does have a short-term (positive) impact on a stock's price.
Berkshire is a rather special case; Buffett has always argued that the larger unit prices helped to reduce some of the volatility seen in other large companies' stock. So while I expect that there may be a short-term positive benefit for BRK holders, I wouldn't be surprised if the stock fluctuates downward more rapidly during economic declines as well.
Recently it was announced that seniors in receipt of OAS would be getting a one time payment of $300. Has anyone on the forum received theirs, I checked today for the wife and she got her normal payment amount for the month but no extra $300.
I'm new to the forum and need some help.
I received severance after being laid off for the 2019 income tax year, about 10mths. I'm still unemployed so far for all of 2020, and don't expect my income for this year to be close to the combined income (salary + severance) even if I find a...
What would be the risks with this? Opening a bank account for the sole purpose of using it to earn money from deposits being made to this account. Basically an account that receives deposits from a U.S account. But is a Canadian account. These deposits will than be sent to various other...
I wonder what the average Joe here thinks about the use of this methodology in determining how they invest.
I got email from Tangerine for a survey , specifically Tangerine Mutual Funds.. It contained all sorts of questions related to tangerine mutual funds.. did anyone completed a survey like this?
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