[moneymusing]

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?

 

[CanadianCapitalist]

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.

 

[Rickson9]

This was a very annoying development for me.

 

[Franky Jr]

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.)
??

 

[osc]

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.

 

[moneymusing]

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

 

[Rickson9]

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

Disaster. This sucks.

 

[Berubeland]

I'm not sure why you don't like this Rickson. Why?