Subject: Re: Greg's in Charge
"I'd find it hard to believe he's [Greg] asking permission to repurchase. More likely just bouncing his [IV] figure off Warren. Just like Warren and Charlie did."

The decision has to be pretty easy right now, with the stock selling at 1.39x Mar 31 BV. In March Berkshire repurchased stock at 1.47x Dec 31 BV, or 1.43x Mar 31 BV. The only question now is how much they are repurchasing. My guess would be similar to the pace in March.