Subject: Re: Buybacks have begun
I can see the virtue signaling aspect.
As someone who was critical of him selling out of BHE and not replacing the full amount into Berkshire, he still bought a very nice amount of Berkshire stock, I feel this new move signals to shareholders that he's with us and aligned, maybe he felt he had to do this because Warren is a tough act to follow.
Much like dollar cost averaging into an index fund, this is the same thing IMO, some purchases will be high, some will be low, all in he will average out a decent price and perform personally in line with the business.
Do we sell puts yet?