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Berkshire Hathaway Inc. Message Board

  • asdsdf asdsdf Aug 16, 1998 12:40 AM Flag

    Remember the Old Couple?

    ...that left 750 million to charity? Anyone out
    there know of what has happened to their
    shares?

    They owned around 7000 shares and the period that Brk
    slid significantly corresponds to just about 7000
    shares... coincidence?

    Any educated opinions or
    facts?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • ..........the articles in the paper quoted the
      president of their college as saying that the bequest would
      enable the school to go to the next level academically.
      It's possible that they dumped their BRK; but not
      probable IMO..........because endowments and Trustees
      don't move at the speed of light.......lots of
      committee meetings.. A quote from Buffet said that there
      would be more mega-gifts like this in the
      future.............BTW, at the university where my wife taught, major
      bequests were always a subject of lengthy infighting
      ............and NEVER underestimate the power of the Athletic
      Dept to sniff out any cash laying around.....the
      library needed an up-grade, but the basketball coach got
      a new arena instead.....the school said it was
      needed in case it rained on graduation day don'tcha know
      ! The beat goes on..........Bobo

 
BRK-A
205,159.00+2,771.00(+1.37%)Aug 21 4:00 PMEDT

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