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Berkshire Hathaway Inc. Message Board

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  • bobo21029 bobo21029 Aug 20, 1998 12:36 PM Flag

    Is BRKb just an affordable BRKa?

    ..........I have been a satisfied "B"
    shareholder. I think that there are many wealthy "A" holders
    that can hold forever; I'm just not one of them. The
    Bs have been handy for childrens education, helping
    aging parents, home improvement, buying vehicles, and
    any of the other costs of everyday living. Best of
    luck

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    • hey bobo!
      the next time that you think about
      selling a "B" to finance whatever, give a thought to
      borrowing against the value of your "B's" rather than
      selling. with margin rates at 9% or less and BRK growing
      at a rate much higher than that, the money that you
      borrow today to buy that new suv or send kid #3 to
      school will be a diminishing % of the value of the "B"
      that you still own tomorrow.
      gluck.

    • <<<The Bs have been handy for

      childrens education, helping aging parents, home
      improvement, buying vehicles, and
      any of the other costs
      of everyday living.>>>


      Agreed
      100%

      Have converted a chunk of my "As" to "Bs" and intended
      to do the rest shortly. Some will go into Dell,
      raising my high-tech portion to 15%.

      It has worked
      well for me. However, everyone's situation is
      different. Best of luck, bobo.

 
BRK-A
226,500.00-15.00(-0.01%)Dec 26 4:01 PMEST

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