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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Yahoo's B Stock Offering

I see no reason at all for a spike in the stock. The way we've designed it should really prevent that. Most of the demand will be retail and smaller holdings, not so much institutional. I think there's something a little wrong with that kind of an offering because the company obviously isn't getting proceeds that are equivalent to what people are willing to pay.

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