On Berkshire again

I don't quite understand how it's better to buy 1 A share rather than 30 B shares. For me, I would prefer to buy B shares because it gives you more flexibility. For example, since Berkshire probably won't be paying any dividends in the future, when it gains 15% in a year and you want to encash half of the gains, you can do so by unloading a few shares. You won't be able to do that with A shares because you'll probably be only having less than 10 shares. With B shares, at least you can have more than 30. I think the only reason to buy A shares is if you want to have voting rights. 1 A share is equivalent to around 200 B shares in terms of voting rights. That's the only advantage that I see with the A share. In terms of price fluctuations, I don't think B share will be more volatile than A because it's value is pegged at 1/30th of A shares.

I'd still go with Berkshire over any other mutual funds for reasons that I mentioned earlier, especially the leverage part which enables Berkshire to grow at a faster speed. In addition to that, you won't have to worry about investing in different kinds of mutual funds (such as bond funds, equity funds, international funds, currency funds and etc.) when you invest in berkshire because Berkshire do all those asset class diversification for you as determined by Warren Buffett. It's like a one stop shop.

If you buy 1 A share, currently valued around $110,000, you get around $155,000 worth of assets working for you which is composed of the following:

1.) $71,000 worth of private businesses majority owned and controlled by Berkshire. There are around 73 companies here such as Dairy Queen, Geico, Flight Safety International, See's Candies and etc.

2.) $38,800 worth of public equities, such as coca cola, walmart, johnson & johnson, petrochina, procter and gamble, US Bank, Wells Fargo and etc.

3.) $45,290 worth of cash & bonds mostly denominated in USD but also contain mix of international currencies.

I think it's difficult if not impossible to find a mutual fund where if you put $11, you get $15 worth of high quality assets with virtually no interest attached working for you. Because of this, it seems that Berkshire is cheaper than mutual funds.

10 years from now, Berkshire seems likely to perform better than mutual funds even without Warren Buffett.