Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

1996-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Disadvantages of the a and B Shares

"We have made the very slightly disadvantageous in two respects to the A. It has a lower vote and it will not participate in the shareholder contributions programs," he said. "So we have left it so there is no reason for you, if you own the A, to convert to the B,. unless you wish to sell or give away some portion of your holding that would be less than a full A share."

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