Post #15911 by Mark on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Buybacks are economically sensible if you want to buy those shares because they offer good prospects, same as anybody else.

It would be instructive to look back and see what prices they've bought back at in recent years. I'm pretty sure that they bought back at MUCH higher prices than prevailing today. As opposed to a company like Apple whose buybacks have almost all been at much lower prices than prevailing today.

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