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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: AdrianC ⎊  😊 😞
Number: of 12641 
Subject: Re: Pilot owners suing BRK
Date: 10/27/2023 10:05 AM
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The family, including Cleveland Browns football team owner Jimmy Haslam, sold Berkshire a 38.6% Pilot stake for $2.8 billion in 2017 and another 41.4% stake for $8.2 billion in January. It said it has a right to sell the remainder under the same valuation methods on Jan. 1, 2024.

Looks like the Haslam's did pretty good:
2017 valuation $7.25bn (2.8/0.386)
2023 valuation $19.8bn (8.2/0.414)

Berkshire and SPY didn't do as well (both up about 90% 2017-2022).

Visited a Pilot a couple months ago. It was filthy. Coffee was bad. Was busy, though.
Called in a Flying J a few weeks ago and it was pleasantly clean and tidy. Late at night. Not busy.
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