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Coming Soon: Buffett for the Masses

On Jan. 20, Berkshire Hathaway (BRKA) shareholders are expected to open up the company’s stock to a far less exclusive crowd of investors, a group who Chairman and Chief Executive Warren Buffett has long warned against.

By splitting Berkshire’s class B shares 50-for-1, the price of the conglomerate’s cheapest class of stock would fall from about $3,247 each to about $65. Class A shares—never split since Buffett began building Berkshire Hathaway 40 years ago—will still trade at about $97,500.

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- March 19, 2010 -

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