
2017-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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How to Evaluate a Preferred Stock Purchase?
Erin Byer: I've been a proud beer shareholder for almost 20 years. Do you know any eligible bachelors living in the New York City area? The question that might make my Monday back in the office, back in 2011 you purchased Think America Preferred Stock with a warrant. You have the opportunity at a later date to exercise and convert those into common shares. When you're looking at evaluating that decision to exercise that position which would increase all of our Berkshire holdings or the value of the Berkshire holdings, what are you going to consider whenyou're looking at that? Well it's almost, well if the price of the stock is above $7 a share which seems quite likely,.
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