WWSO.BWatsco, Inc.

The Class B shares of the same distributor: more votes per share, far less liquidity, the same dividend.

The company distributes heating and cooling equipment to installation crews through hundreds of branches. What decides is availability rather than price: the contractor goes where the part is in stock today. Replacing broken equipment outweighs new construction, which makes demand steady.

The class distinction is especially visible in practice here: the voting class trades very rarely, the spread is wide, and a sizeable order can move the price. With identical claims on profit and an identical payout, that makes it suited to a long-term holder rather than to someone expecting to exit quickly. The risks are the same as the main class's.