You guys are forgetting two things:
(1) BRK has yet to close on the PCC acquisition. That's $37B of cash that should be viewed as restricted.
(2) Buffett maintains around $40B of cash for acquisitions. He can't hunt elephants without cash.
Buybacks seem very unlikely to me.
In order to keep the gravy train going W. buffet needs more insider help from government. As Hillary and him help exploding rails and ecocide and genocide of things like tar sands with keystone support for years from Hillary and Warren buying Suncor one has to believe the current ratio of 1.05 to 1 is somehow safe and is not linked to the Corporate Socialism to keep the real costs off of the cooked books. Bernie or Bust.
I also own BRKB and have attended. You will need have a ticket and be prepared to stand in line each in the morning too. Tickets available by contacting stockholder services.
Watch the video. Buffett makes $$$ while destroying America and people's lives. People who own Buffett's stock will soon suffer the losses they deserve.
Exactly. I computed $125.08 but maybe I did something wrong.
I computed the new 120% of book value = $124.40. $155501/1500 (a to b conversion) *120%. I just bought a few weeks ago at $124, not much risk of loss. What a bargain.
The odds are very good he will be buying back shares during 2016. A new stake in one of the hugely undervalued insur cos would be logical as well. WB is older, better, and not right wing, Have a great day Murdoch.
If the floor increased by 6%, then the buyback threshold should be at around $129. Plus bro-Buffet and his bro-tein shake has about 60B in cash. No place I'd rather be right now. New 52 week high this year.
Miss brk-b has been under attack all day at that infernal round number!!!! She has held her ground with a vengeance !!!!!
Ps-- Miss Brk-b has no white flag nor will she ever!!!!
Sentiment: Strong Buy
Warren has to be loosing big time on his IBM purchase. I hope that he didn't fall for Ginny's sweet talk. I hope that he has much more savvy than that. What did he see in IBM that the street did not see?