Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
No. of Recommendations: 3
BRK last disclosed share repurchases were in June at average price of $356. Now trading around $330.
No. of Recommendations: 9
I just bought a share.
So, look out below.
Jim
No. of Recommendations: 0
They did buy back shares in June at $335.55.
No. of Recommendations: 2
Just bought my teenage son his first BRK.b share in his recently opened Roth IRA.
I also took a bit of the cash I raised from selling my Jan24 calls and put it into some shares today. If the price drops, I can always buy calls if the returns look attractive. If the price goes up, I'm happy.
The most likely outcome is we see 1x BV by year end based on my timing abilities.
Jeff
No. of Recommendations: 2
Correction- The average BRK.B share repurchase price in June was $335.5.
No. of Recommendations: 3
when 'a' has special meaning'drops mike.
Some day (circa 2030) it will take a million dollars to buy that little acorn'
No. of Recommendations: 13
10/27/2023 3:44 PM
I just bought a share.
So, look out below.
Jim
FWIW, I couldn't resist the current bid in pre-market so I just closed the position I bought that day. Which was in fact the day of the low: better to be lucky than smart.
Almost exactly 4 months, up 31.85% after commissions.
So, look out above.
I have no idea what I'm going to do with the cash. Maybe actual T-bills.
Jim
No. of Recommendations: 2
“Ye of little faith.” 😉 Well played, Jim! Those returns sound more like Nvidia than BRK.
Well, you warned us about covered calls, be prepared to say au revoir but historically we’re at least getting paid pretty well and fortunately the vast majority of our BRK control is still in old fashioned stock.
Hard to believe this BRK price action can continue much longer at this slope, but it’s great to be a part of this rare wave and watch the weighing machine actually working better or maybe it’s just the algos!
