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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.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: bankersfate   😊 😞
Number: of 21937 
Subject: Re: 2023 repurchase prices & yearend book value
Date: 03/05/24 7:46 PM
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No. of Recommendations: 7
Looks like he's willing to pay 1.4x BV. I am guessing he thinks that is below fair value. I suspected he considers fair value around 1.6 BV and the zone of reasonableness to be around 1.2 - 2.0 x BV.

I think he'll buy up to 1.5, especially to give his heir the ability to error on the higher side of reasonable. Probably still better than a dividend at fair value considering his partners' tax implications.

He still suggests its great that Coke and AmEx and Apple buy back shares which seems odd to me for Coke at least.
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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
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