No. of Recommendations: 1
“ Buffett has said time and time again they will never do anything to support the stock price. If anything, they likely would prefer it to go down a bit. They’d rather it sell at a fair price than be over or undervalued.“ Seriously bud, I have little interest in what Buffett said in 1999, 1979, or 1809 comprende? Buffett will be selling about 15 billion of his life’s work annually for the next 10-12 years. It will take new net buyers to help absorb that selling. If Buffett is currently thinking he wants brkb to drop another ten percent from here, he is no longer thinking rationally or clearly. What happened to the five year hurdle comparisons, do you cherry pick what you remember? I think buybacks at higher prices are a favorite over a dividend while Buffett is alive. That’s my real time call, as you know I don’t back seat drive.
