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Discussion Starter #1
Berkshire Hathaway announced that a 50-to-1 split of their b-class shares will occur to accommodate the shareholders of Burlington Northern. This means the stock will be trading at around $66.

I suspect this will drive retail investors (aka Warren Wannabes) wild and will drive the post-split price higher based little on fundamentals.

Any thoughts?
 

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Berkshire Hathaway announced that a 50-to-1 split of their b-class shares will occur to accommodate the shareholders of Burlington Northern. This means the stock will be trading at around $66.

I suspect this will drive retail investors (aka Warren Wannabes) wild and will drive the post-split price higher based little on fundamentals.

Any thoughts?
I don't think so. The stock is up slightly today on the news. Of course, I have no idea where the stock will be trading at then.
 

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I wonder if they'll continue to try to keep the value at roughly 1/1500th of class A shares? (I read somewhere that they currently keep class B shares within 2% of 1/30th of class A shares.)
??
 

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I see the takeover as a vote of confidence in US economy (it should sound scary to the doom and gloom crowds). If I was investing in individual stocks, I would load on BRK.B.
 

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Discussion Starter #6
I wonder if they'll continue to try to keep the value at roughly 1/1500th of class A shares? (I read somewhere that they currently keep class B shares within 2% of 1/30th of class A shares.)
??
I didn't know about this. That's interesting.

Imagine trying to get a ticket to the shareholders meeting when anyone with $70 can buy in
 
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