" Why? Buffett has never shown interest in supporting the stock price. I don't expect Greg will be any different."

The reason many sharp old timers no longer post is they believe this is like a cult. I'll direct my questions to Jim tho anyone is free to opine.

When Buffett finally authorized the buyback WHY did he include the 1.1xs BV limit knowing the stock would quickly trade above the limit?

Did Buffett think that if he didn't impose a very tight limit he might get wildly irrationally exuberant and grossly overpay for brkb?

OR, did he get tired of watching the foundation's sell his life's work near BV, which he thought was too cheap?

Can you please provide a list of the companies that have initiated a buyback in the past 50 years with a very tight buyback limit?

I'm open minded, convince me that Buffett had a serious interest in buying back brk at that time and seriously thought that brkb would trade size below 1.1 XS Bv.

He raised the buyback limit to 1.2 xs BV, to further goose the stock higher to benefit the foundations which enjoyed higher proceeds from sales as a result. His primary interest was to paint a larger canvass, got to shrink the float.

Thanks to anyone kind enough to respond with a little critical thinking. hc, who hasn't been banned here yet!