Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (34) |
Author: AdrianC   😊 😞
Number: of 21944 
Subject: Re: Rational Walk on retained earnings test
Date: 11/21/23 10:05 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 14
"Berkshire has about $152bn in cash, and says they won’t go below $30bn."

while he said $30b in the past, it is likely more like $70- $100b given the growth of the firm

This is in every quarterly report:

Berkshire Hathaway: PDF document
Page 52:
"The program does not specify a maximum number of shares to be repurchased or obligate Berkshire to repurchase any specific
dollar amount or number of Class A or Class B shares and there is no expiration date to the repurchase program. Berkshire will
not repurchase its common stock if the repurchases reduce the total value of Berkshire’s consolidated cash, cash equivalents and
U.S. Treasury Bills holdings to less than $30 billion."

But in practice they don't take cash + fixed income far below float amount, and even then not for very long.
That's based on observations since 2010.

Cash+Fixed/Float
2010 to 2023
105%
92%
100%
94%
101%
99%
102%
109%
105%
111%
113%
109%
92%
104%

Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to AdrianC here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
Unthreaded | Threaded | Whole Thread (34) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community