No. of Recommendations: 1
The facts are, brk doesn't have a size problem, we have a capital allocation problem. He net sold over 100 billion in securities the past few years.
He didn't buy 50 billion brkb below 470 the past few years.
He didn't buy 10 billion SPY etc a year the past five years.
brkb still hasn't initiated a small quarterly dividend like meta, googl, ndva, etc.
brk is running low on potential, shareholder friendly moves.
My guess, buying back brkb below 500 is less painful to Buffett than a small dividend so I'm guessing we are about to hear brk was a buyer below 480 the past three months.
Not all brkb old timers are into excuses and fairy tales, Buffett proved what he's been preaching for 60 years, market timing is very hard!
At least 200 billion of our current cash balance is a result of forgetting our roots and who we use to be! ::))
