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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch ✹✺🐝 SILVER
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Number: of 22353 
Subject: Re: Buybacks
Date: 05/04/26 7:58 AM
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No. of Recommendations: 24
The only palatable explanation is they wanted to wait to buyback in volume until after the meeting.

Indeed. The other explanation is that the buyback they did was for performative reasons, not financial ones.

The valuation level was (and is) pretty borderline...around where buybacks stopped in the past.

I'm surprised some people are surprised that Berkshire's market returns in the last year have been poor--the valuations were unusually high a year ago, so what did they expect? An above-average year?

Jim
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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