Subject: Re: Buffett paid $407/B share
Here's RW:
https://newsletter.rationalwal...
From this information, we can infer that Warren Buffett repurchased 2,813 Class A Equivalent shares between February 13 and March 8, a span of eighteen trading days. During this period, 253,300 Class A shares traded between $590,340 and $647,039 according to Yahoo! Finance. We will not know the specific price paid for the repurchases until the first quarter 10-Q is released in May, but if we take assume an average price of $612,000 per share, the repurchase cost approximately $1.7 billion.
So yup, something like $407/b, range $394-$431.
I'll be a net seller going forward and did sell some in the $420 range. The family got to eat.
Berkshire isn't cheap enough to sell other things to buy it, not like it was four years ago.
Are you buying? Why/why not?