Message Font: Serif | Sans-Serif
 
No. of Recommendations: 3
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
Print the post Back To Top
No. of Recommendations: 4
Thanks Dan. Just sold 1 A and purchased 30 B. Net gain after $8 fee each way: $2,629

Stock Order: BRKA-BERKSHIRE HATHAWAY INC DEL CL A FRMLY COMMON
Status Filled at $106,640.00
Symbol BRKA
Description BERKSHIRE HATHAWAY INC DEL CL A FRMLY COMMON
Action Sell
Quantity 1 Shares
Route NYSE EURONEXT
Order Type Limit at $106,640.00
Time in Force Day
Conditions None
Trade Type Margin
Market Session Standard
Order Date 11/11/2008, 02:28 PM
Cancel Date

EXECUTIONS FOR THIS TRADE
Date Time Price Quantity Total
11/11/2008 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 B
Status Filled at $3,479.00
Symbol BRKB
Description BERKSHIRE HATHAWAY INC DEL CL B
Action Buy
Quantity 30 Shares
Route NYSE EURONEXT
Order Type Limit at $3,490.00
Time in Force Day
Conditions None
Trade Type Margin
Market Session Standard
Order Date 11/11/2008, 02:29 PM
Cancel Date

EXECUTIONS FOR THIS TRADE
Date Time Price Quantity Total
11/11/2008 2:30 PM $3,479.00 30.000 $104,370.00
NET TOTAL 30.000 $104,370.00
Print the post Back To Top
No. of Recommendations: 1
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
Print the post Back To Top
No. of Recommendations: 0
@ LONGREITS,

Way to go!

The first question I have however is if you have any capital gains tax concerns of consequence?

Joe
Print the post Back To Top
No. of Recommendations: 0
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.
Print the post Back To Top
No. of Recommendations: 2
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
Print the post Back To Top
No. of Recommendations: 0
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.
Print the post Back To Top