Subject: Re: Attractiveness of Price
Buffett has repeatedly said it IS exactly a 1500/1 economic ratio with the ONLY difference being additional voting rights for the A shares. That is ALL. This is not debatable any more than a dollar is worth 4 quarters.
To be clear, I'm not debating anything. I'm simply acknowledging my ignorance by expressing curiosity as to how a fixed 1500 to 1 ratio accommodates differing A and B share buyback values. In my simplistic understanding a dollar is worth 4 quarters only so long as both are equivalent in value. No offense intended.