Warren Buffett：Berkshire Hathaway 1997 Letter, Additional Excerpt 1

1. All figures used in this report apply to Berkshire's A shares, the successor to the only stock that the company had outstanding before 1996. The B shares have an economic interest equal to 1/30th that of the A.

Source： https://www.berkshirehathaway.com/letters/1997.html
Locator：1997 Chairman's Letter, additional excerpt 1 · Verified：2026-10-19 · Verification：Short excerpt

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