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However, Warren Buffett even decided to split shares of BRK after years of saying how pointless it was. Maybe he's getting soft in his old age.

...or maybe it suddenly did have a point, as he needed cheaper-per-share "currency" for the almost-unprecedented (for him) move of acquiring full ownership of BNSF with part of the payment being in BRK shares.

With the kind of business performance that railroad has displayed since acquisition (esp. in comparison with a 2011 that was overall somewhat downbeat for the transportation industry) the mammoth-sized acquisition looks like a winner to me so far -- and the BRK.B share split was instrumental to performing that acquisition while keeping high levels of "dry powder" cash in BRK's coffers (for other maneuvers such as the accumulation of IBM shares and the "buyback at 1.1 book value" scheme).
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