no one asks buffett the obvious. ibm buys back at any price, brk started with a 1.1 xs book limit. WHY is ibm always a great value regardless of price but buffett used a 1.1 xs limit as the max he would pay for brkb ?
Uh, gee Tennessee, when I read things like this it reminds me of somthing Bugs Bunny once said; "What a Maroon!"
So now we're back to agreeing....