No. of Recommendations: 8
I added a pinch. It isn't crazy cheap but it's on the cheaper end, to my mind.
By a combination of profits chugging along and BRK never falling too far below fair value for too long, I think we are more likely than not to revisit new highs by the end of 2024. That's a nice expected return, and I wanted to buy before a possible post-report bounce.
A small note: I have BRK buying back A shares at a B-equivalent average price of $323.34 in March, 2022, which bests the average of B shares bought at $322.88. That's in March 2022 dollars. And those are averages for both figures, of course, so the peak purchase was very likely a little higher than the monthly average peak.
If we're translating to Feb 2023 dollars, buybacks were therefore occurring at $340+ in today's money.
