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I recently bought some shares of Brk-B, having performed due diligence research, etc. I understand B's are fractional shares of Brk-A, so how can Brk-A be up and Brk-B down in a given day? Is it due strictly to different trading activity? Is there an advantage to owning A vs. B (assuming I can afford to purchase A, of course)?
Thanks!
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I recently bought some shares of Brk-B, having performed due diligence research, etc. I understand B's are fractional shares of Brk-A, so how can Brk-A be up and Brk-B down in a given day? Is it due strictly to different trading activity? Is there an advantage to owning A vs. B (assuming I can afford to purchase A, of course)?

Check out this link: http://www.focusinvestor.com/brkfaq.htm#Q1

--SirTas
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I recently bought some shares of Brk-B.... I understand B's are fractional shares of Brk-A, so how can Brk-A be up and Brk-B down in a given day?

SirTas gave you an accurate answer. Just to couple on to the story he already provided...,

Berkshire-Hathaway Inc has a knock-dead website. If you look at nothing else - and there's lots of great information there - at least read the annual report Warren Buffett writes to his shareholders:
http://www.berkshirehathaway.com/

On TMF, the BRKA discussion board is:
http://boards.fool.com/Messages.asp?bid=101158

And the CAPs discussion board for BRKA is:
doesn't exist yet - probably due to low interst here.

If you decide you must have a book, then read The Essays fo Warren Buffett: Lessons for Ccrporate America by Warren Buffett, edited by Lawrence A. Cunningham. It's widely available, and Amazon.com is a good resource.

Before you dump too much money into BRK, keep in mind that Warren Buffett is in his 90s. Sooner or later, he will pass leadership to somebody else. I'll add that the people he knows are about his age. One of the questions for which you must have an answer is will his success pass on?

TMFDj
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...Warren Buffett is in his 90s ...

Actually, Warren Buffett is 77. He was born on August 30, 1930. http://en.wikipedia.org/wiki/Warren_Buffett

--SirTas
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...Warren Buffett is 77. He was born on August 30, 1930.

Thanks for the lead...

In that Wikipedia article you cited, take a look at the accomplishments for Buffett in 2007 (76 years old). According to the article, "...Buffett announced that he was looking for a younger successor or perhaps successors to run his investment business. Buffett had previously selected Lou Simpson, who runs investments at Geico, to fill that role. However, Simpson is only six years younger than Buffett."

Wikipedia refers to an ABC News article, "Help Wanted: Warren Buffett Replacement":
http://abcnews.go.com/Business/story?id=2916457&page=1

TMFDj
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