Monday, July 30, 2007

Question on B Shares of Berkshire

To my Wei Yi,

B shares is equivalent to 1/30th of A shares :) If you cannot afford the A share and can only buy half of it, you buy 15 B shares :) As of this moment, 1 B share is equivalent to around $3600, 1/30th the amount of A share :)

So with 1 B share, you also get the same assets and same proportion as you do with the A share except it's smaller :)

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