Stocks and Trading Thread - Channeling your inner Mono

[Caliga]

Nice.  I too am an AT&T shareholder and my contract is up soon.  I will have to remember this.

[Admiral Yi]

FYI, there is no official shareholder discount.  It's the "associate's" prerogative.  But obviously not a bad schmooze angle.

[Monoriu]

The biggest Bitcoin trading firm in HK has failed, and the owner has disappeared.  Around 3,000 people have accounts with them.  I personally won't touch anything Bitcoin related. 

[MadImmortalMan]

Holds about 10 shares, so he's sitting pretty.

Wow, nice. He's a millionaire.

[Admiral Yi]

Eh?  I thought it was trading at $16K a share.

[MadImmortalMan]

A shares are over 200k each right now. I guess it depends which ones he's got.

[mongers]

A shares are over 200k each right now. I guess it depends which ones he's got.

http://finance.yahoo.com/q?s=BRK-A

Berkshire Hathaway Inc. (BRK-A) -NYSE
223,999.88  880.13(0.39%) 4:00PM EST
Add to Portfolio
Prev Close:   224,880.00
Open:   224,545.00
Bid:   223,416.00 x 100
Ask:   223,600.00 x 200
1y Target Est:   N/A
Beta:   0.25
Next Earnings Date:   N/A
Day's Range:   223,208.77 - 224,545.00
52wk Range:   168,000.00 - 229,374.00
Volume:   167
Avg Vol (3m):   352
Market Cap:   358.40B
P/E (ttm):   17.78
EPS (ttm):   12,597.69
Div & Yield:   N/A (N/A

Maybe he's only got the Class Bs ?

[Admiral Yi]

I'm pretty sure he has Bs.   I asked if the price was still 16K and he said yes.

[Tonitrus]

Unless I am looking in the wrong place, B's look like they're $160.

[Admiral Yi]

Yeah, I'm seeing 149.

So maybe not as pretty as I had thought, and more consistent with working as a sales dude at AT&T.

[Monoriu]

What's the difference between A and B Buffet shares?  I heard that he doesn't pay out dividends, and that's a problem for me. 

[Admiral Yi]

I think Bs are nonvoting.

[Monoriu]

I think Bs are nonvoting.

  As if share voting rights mean anything to retail investors.

[MadImmortalMan]

Honestly, I have only actually voted a couple times. The last one was the Kinder-Morgan re-organization.

[Monoriu]

Honestly, I have only actually voted a couple times. The last one was the Kinder-Morgan re-organization.

I probably own like 0.000000000000000001% in many different companies.  I just don't see the point at all.  Plus, all of my shares are parked in a bank, and the bank has never asked me anything related to voting.  Not that I care.