Buffett/Berkshire - general news

[LowIQinvestor]

Getting fairly close to Buffett's buyback price!

1.2x book is 7% lower

[marazul]

would love to see this buyback and how aggresive WEB gets.

[scorpioncapital]

Getting fairly close to Buffett's buyback price!

1.2x book is 7% lower

Only the case if BV doesn't contract. It's a moving target, unlikely to be done instantly. He might wait 3 to 6 months to see the numbers. If the market portfolio of 100b+ drops 10%, reduce the buyback price accordingly.

[marazul]

The 10% decline in the stock portfolio would impact BV by ~5%. In addition, DTL would shrink and that would make the impact less than 5%. Also, earnings from operating businesses and dividends from securities would add to BV. So BRK BV is less exposed to market fluctuations than a couple of years ago, and less than people think imo.

[Charlie]

Always a good news for Berkshire investors when the stock market declines. Buffett recently said he likes the big down days. 
I bought more Berkshire today.

[ourkid8]

I also added to my Berkshire position.  I cannot wait for him to announce a bump into the buyback threshold to 1.3x!!!

Always a good news for Berkshire investors when the stock market declines. Buffett recently said he likes the big down days. 
I bought more Berkshire today.

[John Hjorth]

Personally, I don't expect a rise in the "soft" buy back level anytime soon.

• A lot of liquidity has been earmarked towards the proposed PCP deal.
• A part of the liquidity at group level is abroad US, subject to a tax haircut, if transferred to BRK HQ or other BRK US entity.

However, I would love a positive surprise.

[jrunner]

I bought more today, too.

[james22]

Would anyone not buy if fell to buy-back?

A Hussman fan, I'm half expecting a crash (and so might expect to be able to later buy at better than buy-back), but believe I'll always have to buy at buy-back.

[Spekulatius]

Bulls should note that BRK's main business aren't doing so hot lately:

BNSF - declining revenues and earnings if UP is an guide
Insurance earnings have been weak lately
Industrial demand has been weak and the strong US$ does not help (Mormon, PCP, Tungsten tool business)
Utility earnings impacted by low NG prices

I think here is a reasonable chance to get  BRK at  $120/share.