The Accounting Treatment of Berkshire Hathaway

Ruth O'Wadees: How did you decide that the ratio of the B's should be 30 to 1 instead of 300 to 1 or something in between? Bob McClure: The way I figure it the sale of the B shares at the price they will probably be sold will give an immediate boost to the book value of Berkshire Hathaway. So as far as I'm concerned the more the merrier can you give us your thinking on that the accounting treatment how this will affect the book valueof Berkshire Hathaway?"