The Advantages of Convertible Notes

Don't talk yourself into thinking of business that has limits and find out that it really has way more potential. We have a distribution system that works wonders, but you can't pump two or three times the volume through that distribution system. Charlie? I agree. Kristen Tram: In light of the upcoming capital gains tax reduction, do you envision any increased selling pressure such as buying opportunities for Berkshire stock? That's a good question, Kristen. A very high percentage of Berkshire shares is owned by people with a very low tax basis. Probably 80% at least of the shares are owned by people whose cost is less than $100 a share on the A stock.