Subject: Re: Apple
" This type of tax-free distribution should only work when the distributing (investor) corporation owns and controls the distributed (investee) corporation. That's obviously not the case here - Berkshire does not control Apple in any sense. "


Thanks for that input. If Buffett hadn't sold down our largest public holdings and if more than half of brkbs market cap was in our largest public holdings could the SEC have required brk to change its filing status? Thanks.