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Re: grich1 post# 974

Saturday, 07/14/2018 1:38:52 AM

Saturday, July 14, 2018 1:38:52 AM

Post# of 2126
Watch Buffett discuss the birth of BRK-B shares at the 1996 SHM. Video includes Q&A session with shareholders.

Note that the original ratio of B shares to A shares was 30 to one. Buffett said he wanted the B shares to trade for roughly $1,000. (ratio was changed later to 1500 to one). Class A shares traded around $33,000 in 1996


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