Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next
Author: rationalwalk Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 214616  
Subject: Re: Gates Foundation Selling Date: 11/19/2012 10:53 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
The potential "solution" I've thought of for some time is that Berkshire could repurchase shares directly from the Gates Foundation.

I'm sure that there are legal issues related to such a concept (most specifically a conflict of interest with Gates being on the board of Berkshire and head of his foundation) but I have never read anything that indicates such a move would be illegal and I certainly don't think it would be unethical if done in a pre-announced and transparent manner at market prices.

If the foundation is selling shares anyway, having Berkshire repurchase them directly would potentially yield a somewhat higher price that market sales for the foundation and Berkshire would be able to repurchase a significant number of shares without disturbing the market.

None of this is likely to happen but it is interesting to consider.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement