Subject: Re: Nope, Not Gonna Do It
I cut off the conversation and did not ask for the premium percentage for exchanging A shares to Berkshire Hathaway for B shares. I did hear my local broker say because our shares were in a taxable account, this offer could be made and that this was not the case for A shares in IRA/401K accounts. Why would that be? Inquiring minds want to know.
Searching the Internet tonight, there does not appear to be any reference to this action by Berkshire. The party that called me is my local broker at Raymond James so there is little likelihood this is incorrect.
I may call their office tomorrow to get more details just to satisfy our collective curiosity.
Uwharrie