No. of Recommendations: 18
"You're wanting the number - the share price of Berkshire - to go up. You want Buffett to manipulate the share price.
You will be continually disappointed, as you have been, if you think he ever would. He won't. He never, ever will."
The moment anyone (Buffett, Able, Ajit, Ted, or Todd) in control at Berkshire does anything to manipulate the price of a share of Berkshire stock will be the moment there is a mass exodus of shareholders to the exits.
People like hcl think it is a good idea to have management manipulate the stock because it will benefit them. That might be true for the short term, but they do not realize that it would be inviting disaster in the long term. Once shareholders tolerate management manipulating the share price for good reasons, it will then eventually be used for nefarious reasons and there isn't enough transparency in reported accounting for shareholders to notice the difference until it is too late.
hcl truly does not understand Berkshire culture and management.
