The Liquidity of Class B Stock

We are not interested in buying the typical insurance business, because we think the float will end up costing us too much. We'd rather borrow money with an explicit cost attached to it, rather than have the implicit costs of an underwriting loss with most companies. Robert Kealey: I think you may be considerably underestimating the interest there will be in purchases of class B stock later this week and next week. And my question relates to liquidity. It seems to me that if most shareholders keep their A stock, do not convert it or sell it, that the B stock will be much more liquid. Could you explain that?