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