A stock buy-back on the open market may not be effective for Berkshire because a lack of volume. It would however support the stock price. Something Buffett has said he won't do. But, Berkshire could have a Dutch Auction to buy a $1 billion of "B" stock. I'de offer between $3,000 and $3,400 to all shareholders interested in selling after the annual report is issued. This fits into Buffett's policy of treating shareholders of BRK like partners.
<<Don'tyou realize that at this stage of his career Buffett is a has-been. Poor fellow continues to believe his publicity. How much have you made over the last 5 years holding Buffett's stock???? >>
Hey it's not what we've made that counts. It's our ability to make the IV number into whatever number we like and today we want to make it a little higher than yesterday just so we can look brilliant in our ability to hang onto a non-performing turd. You can never get to us while we have the ability to fudge ridiculous IV numbers and make our points in 2000 word posts. And if you do we'll call you something nasty and personal just to get you off the reality scent. I think GM's stock in the last 5 trading days has offered more than this shitter has in the last 500.
Actually the company could easily do what Gates recently did by buying small blocks of shares during each trading session (when allowed to do so). Having the option to buy both A & B shares it could be done in such a way where the 30-1 ratio would still be maintained. The argument that they could not do a "meaningful" buyback is ridiculous. Over time it would add up.