Subject: Re: OT: Navigating Lost Decades
" There were also some tough stretches for Berkshire where starting valuation was quite reasonable (mid 2000's) and the market return after 7-8 years was close 0% due to GFC in the middle. "
Question of the day for the independent critical thinkers. IF, Buffett had authorized a buyback in 2006 at material discounts to IV, and acted on it, would brk be higher or lower today? Would brk have traded stronger during that time period? Would others have followed Buffett into brks buyback?
THIS, is complicated?