" By the way, there is economically no difference between Berkshire doing a buyback on the one hand, and on the other hand just adding Berkshire as another stock within its published portfolio, without any shares cancelled. Same economic effect, just different way of doing the accounting. If buybacks were expressed in this way, Wall St would start to understand better that a buyback is just a stock purchase along the same lines as any stock purchase."


Good morning, sometimes it's a bit shocking what others opine but I hear you both. There is a HUGE difference between Buffett buying and promoting ibm vs buying and promoting brk. It's VERY dangerous business to buy and promote the work of others in the financial markets, in this case Ginny, I've been there done that. I trusted Buffett and Munger like no others in my lifetime, period, not many other control Ceos the past 60 years have earned my trust.

BTW, thank you for not cancelling me, yet, lol.

Berkshire Hathaway FAQ

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