Post #7324 by Bluehorseshoe on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

Unthreaded | Threaded | Whole Thread (9)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 3

I think some years back there was a pretty firmly implied promise to be a buyer from existing shareholders, with no particular constraint on valuation levels at the time.

This bit from the 2019 annual letter is what I recall.

“Shareholders having at least 20 million in value of A or B shares and an inclination to sell shares to Berkshire
may wish to have their broker contact Berkshire's Mark Millard at 402-346-1400. We request that you phone Mark
between 8:00-8:30am or 3:00-3:30pm Central Time，calling only if you are ready to sell.”

It’s nice it was used in a couple of charitable transactions as mentioned but it seems to me Berkshire was simply doing what they said they would do.

We really don’t know for certain if there have been similar transactions over the years. Perhaps it was called out specifically this year because it was done at high valuations.

Jeff

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (9)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.