No. of Recommendations: 1
Brk traded very well into the quarter end. I seriously doubt brk is paying up in a hurry, so we have natural buyers.
It may be that expert market timers running $$ have too much cash hence being long brkb into their semiannual reports looks a lot better than long way too much cash, after a monster quarter in the markets in general. brkb is a relatively safe hold.
IF brk wasn't a serious buyer of brkb in the quarter we have natural buyers at 1.47 xs BV, on heavy volume, so that's just as well, or even better.
For the market timing experts and those waiting to buy brkb at 1.3ish xs BV, good luck. ::))
