Subject: Buffet Thanksgiving Letter
It appears, according to the WSJ, that Buffet will be delivering a Nov 10th Thanksgiving family and shareholder letter, characterized as an alternative to writing this years annual report letter. One week after Q3 earnings are released.
Any thoughts on why he might publish a letter like this?
Not to be morbid, but my guess is that he may have a terminal disease to announce. After all he is getting up there in age a bit. If that were true, I would guess that he would not like this information to come out as a leak, but to address it head on in a public way, with some sage advice. I hope I am wrong.
If that were the case, and the stock reacted strongly to the downside, I would hope that large buybacks would be on the menu.