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 (9) |
Author: Munger_Disciple ✭🐝  😊 😞
Number: of 21943 
Subject: Re: Borrowing to Buy
Date: 08/11/26 12:43 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
The big difference between the old Sheriff and the new one in Omaha is one of scale and capital allocation chutzpah.

I don't think that is the case. The old Sheriff bought back a lot of stock in late 2020 after the COVID threat receded (81,000 A share equivalents) & 2021 (66,000 A share equivalents). And also in 2022 (18,000 A equivalents) and 2023 (18,000 A equivalents). The board decided in 2019 to accelerate buybacks (below IV) as other reinvestment opportunities dwindled.

* I rounded the share buyback numbers to the nearest thousand.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Munger_Disciple 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 (9) |


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

Ticker or Board Name Author

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