Greetings All,This is in the "Probably not very important to me" category but I noticed yesterday that the B shares were trading at a sizeable discount to the A's for a change(about 3.5%). For the last few years they have traded on par almost all of the time. Probably alot of "b" shares being sold as a result of earnings on Monday compared to A shares which may be in steadier hands. I just thought it was amusing that Berkshire A's and B's would trade at a higher spread than News Corp A and B's when you think about Buffett vs. Murdoch. Have a great day,DQ
Thanks Dan. Just sold 1 A and purchased 30 B. Net gain after $8 fee each way: $2,629Stock Order: BRKA-BERKSHIRE HATHAWAY INC DEL CL A FRMLY COMMONStatus Filled at $106,640.00Symbol BRKADescription BERKSHIRE HATHAWAY INC DEL CL A FRMLY COMMONAction SellQuantity 1 SharesRoute NYSE EURONEXTOrder Type Limit at $106,640.00Time in Force DayConditions NoneTrade Type MarginMarket Session StandardOrder Date 11/11/2008, 02:28 PMCancel Date EXECUTIONS FOR THIS TRADE Date Time Price Quantity Total11/11/2008 2:29 PM $106,640.00 1.000 $106,639.40 NET TOTAL 1.000 $106,639.40 Stock Order: BRKB-BERKSHIRE HATHAWAY INC DEL CL BStatus Filled at $3,479.00Symbol BRKBDescription BERKSHIRE HATHAWAY INC DEL CL BAction BuyQuantity 30 SharesRoute NYSE EURONEXTOrder Type Limit at $3,490.00Time in Force DayConditions NoneTrade Type MarginMarket Session StandardOrder Date 11/11/2008, 02:29 PMCancel Date EXECUTIONS FOR THIS TRADE Date Time Price Quantity Total11/11/2008 2:30 PM $3,479.00 30.000 $104,370.00 NET TOTAL 30.000 $104,370.00
How 'bout that. A the moment the ratio is 30.67:1, or 2.25% above 30-to-1.(ratio of bids, ratio of asks, and ratio of last-sales are all identical)30.05 is much more typical.Jim
@ LONGREITS,Way to go! The first question I have however is if you have any capital gains tax concerns of consequence?Joe
No - because I sold out at $138k over a month ago and bought back in at $115, so I have a capital loss carry-forward.
No - because I sold out at $138k over a month ago and bought back in at $115, so I have a capital loss carry-forward. But.....but what was your initial cost??? I am not accoutant enough to have even know this existed....does it really exist? capital loss carry-forward???something tells me this is too fishy to be true.....Dave
I had a capital loss from an investment gone bad about two years ago that I carried forward to offset my gain on the sale at 138k (about 25,000). Then I sold bought back in at 115k and sold at 106 (9k loss). I'm not sure if this "loss" can offset any future BRK gain on that particular trade because I just purchased the same security.
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