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bar1080

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bar1080

Re: fung_derf post# 806

Wednesday, 09/14/2022 12:06:39 PM

Wednesday, September 14, 2022 12:06:39 PM

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The 2nd share class was created years ago prior to the BNSF acquisition so BRK wouldn't have to spend a lot of cash buying fractional shares. Also Buffett didn't want to see the creation of single stock mutual funds, a very inefficient way for small investors to get into BRK. I've written on IHUB about that complicated saga.

https://www.investopedia.com/ask/answers/021615/what-difference-between-berkshire-hathaways-class-and-class-b-shares.asp

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