No. of Recommendations: 1
" Could Berkshire buy shares direct from the foundations?"
IN 2008 I started to suggest that brk should have the, right of first refusal, on ALL sales of brkb by the Gates Foundation. The truth is back then Buffett had no interest in buying back brk and shrinking the canvas, zero.
He finally authorized a buyback because the stock was trading near BV and he wanted to goose the stock, OBVIOUSLY, he stipulated the 1.1 xs BV limit because he had no interest in buying back size.
Many of you can stay in denial for decade's, it's remarkable.
As long as the company discloses it you can do almost anything, once the SEC declares your disclosure filing, effective.
