No. of Recommendations: 7
To be specific, there has never been a buyback anywhere near $470/B...
Yes, the highest I see was 100xAs at $626,686. The very last buy, May 2024, equivalent to $418/b.
That was a price to forward book of 1.5
The easiest explanation for the current run up is the usual: Mr. Market is in his manic phase.
Like many here updating my portfolio value has been quite pleasant of late. Those pleasing increases are not to be thought of in terms of consumption, however. It's probably temporary. We've seen a 50% cut before. It will happen again.
