No. of Recommendations: 1
" It sounds crazy to say this, but it's almost like he was upset the stock fell after his first letter as CEO, and wanted to boost it back up. That can't be the reason, hopefully
Actually the cynical me thinks this is exactly the reason, and I’m willing to give him a pass this once.
The coupling of the announcements (“I’ve put my whole salary in” and “We’re doing buybacks again” are too closely linked in time and theme to be anything but coupled. I don’t believe in coincidence, especially when they emanate from the same person within minutes [exaggeration] of each other."
Good morning, it's truly incredible how so many old timers can see things so differently. For me, it's very obvious Buffett is no longer sitting at the head of the table, BUT, he's still very much in control. In view of the circumstances and reality, Greg has to show respect and he did everything he could to restore confidence in brkb going forward.
Greg could have waited until yesterday to buy his shares, AFTER full disclosure. I'm surprised the lawyers signed off on his timing but what's a 300,000$$ edge when the numbers are so large. Does our new in-house lawyer do corporate or securities work, or both? IF he does securities work he gets a D on that decision.
