Subject: Re: DVA forced sale to stay at 45%
Is there a big difference between owning 45% of something and calling it a hundred shares and owning 45% of something and calling it ninety nine shares?
If they stay at 45% ownership, it's a wash. But maybe building the habit of selling shares regularly will start a bit of thinking about how that isn't such a bad idea...
It embarrasses me to be an indirect shareholder. The litany of fines and sanctions and business malpractice is never-ending.
a random article on the general subject https://www.jdsupra.com/legaln...
To date, that muck hasn't stuck to Berkshire, but with 45% ownership that may not be the case forever. Berkshire has been reputationally excoriated for things involving far less control.
Jim