Post #2548 by mungofitch on the Berkshire Hathaway board

If someone appears to be repeatedly personal, lean towards patience as they might not mean offense. If you are sure, however, then do not deepen the problem by being negative; instead, simply place them on ignore by clicking the unhappy yellow face to the right of their name.

- Manlobbi

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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OXY continues to redeem the preferred.
More cash to buy OXY equity with.

Yes, I noticed that the lines of the Form 4 had a certain sort of symmetry to them. $172.5m received for this batch of preferred, $122.1m spent on the open market to buy common.
In this case it's (atypically) a shame the preferred aren't directly convertible on the issuer's option, instead of redeemable---
We're paying tax on the 10% profit on the redemptions!

Jim

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