Subject: Re: BRK proxy
The latest purchases are at valuations and rates of purchase that are very out of character. It has me wondering if Sandy Gottesmann’s widow didn’t call the home office and sell directly to them as mentioned in the 2019 annual letter. The timing roughly aligns with her $1.0B donation announcement.
From the 2019 annual letter.
“Shareholders having at least 20 million in value of A or B shares and an inclination to sell shares to Berkshire
may wish to have their broker contact Berkshire's Mark Millard at 402-346-1400. We request that you phone Mark
between 8:00-8:30am or 3:00-3:30pm Central Time,calling only if you are ready to sell.”
It’s just very strange that the per day purchase rate would jump to over $100M per day, a rate we have not seen since brief stretch in March 2023.
Jeff