Subject: Re: IV by the stock repurchase method
In a quarter like this one, where there were no b-shares repurchased at all, I think it is quite likely that the A-shares purchased were the result of incoming calls and not "open market" purchases. I think when a large block of A-shares is offered to Warren / Mark Millard, they take the block. There might not be a ton to read into the price they pay, except that it was probably the market price at the time.

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