Subject: Re: Anybody getting greedy at under $30...
"the average of B shares bought at $322.88"

The March 2022 repurchase price is telling, imo. The price paid is close to the highest P/B that Buffett has paid in his 48 repurchases, 1.41x BV. Buffett paused repurchases in April and May 2022 after that when the stock price rose, and he resumed repurchases in June when the stock price fell back. In May 2021 and August 2022 Buffett also repurchased shares at about 1.41x BV. From these repurchases I think one can estimate what Buffett thinks IV is in terms of a multiple of BV. Make your own inference.