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 Impact of the Class B Sale on Berkshire

I don't see any reason that Berkshire has evolved over a long period of time. We seem to be able to retain the same class and group of shareholders in terms of people who really understand the business. As long as we've had this filter in effect operating as new people join us, I think we can keep it. Charlie? Yeah, if the offering went wild and you issued 3% of the company new, you're also taking in a billion odd dollars, it's a non-event for us. He's very excitable, don't say anything again. Zone 5. George Johnson from Park City, Utah, as you receive the proceeds of the Class B sale and generate other

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