I wonder if buyback is actually at work? Below 120,000 on A and below 80 on B?
Yes, the buy back is at work today with the market down 200 but it's not BRK that's doing the buying. It's companies like IBM, AXP, PG, JNJ, KO, COP, WFC, USB, SNY, KFT and possibly even WMT.My personal favorite right now among this list is IBM at 190.
WEB might want to keep some cash on the sidelines.Evidently printing endless money is not so great after all based on what we see out of Argentina, Greece, Portugal, Spain, Ireland, UK, ...Basing your business plan on printing money may not be the best business plan after all.
I sure as F hope so...