Buffett/Berkshire - general news

[Eldad]

17 minutes ago, marazul said:

Looking at the form 4 filing, seems likely Berkshire has repurchased $9bn so far since 1q26. It is an estimate and might vary between $12bn and $4bn given decimals. But good news.

Thanks. Great news. 

[Eldad]

Also, 2nd illusion to John D Rockefeller being the greatest capital allocator of all time by a BRK board member recently. Chris Davis also said in an interview the future of BRK will be like Standard/Exxon in cap allocation and keeping its culture. 

[Munger_Disciple]

1 hour ago, marazul said:

Looking at the form 4 filing, seems likely Berkshire has repurchased $9bn so far since 1q26. It is an estimate and might vary between $12bn and $4bn given decimals. But good news.

 

Yes, good catch! I estimated roughly $8-9B

[John Hjorth]

13 hours ago, Spekulatius said:

I can’t help it:

 

HaHa!  -And when GOOG reaches 2.000 or something like that and he sells a tiny bit, every Berkaholic [including me] whines like a whipped dog : 'Ohh-noo - why did you do that?! 

[John Hjorth]

10 hours ago, jbwent63 said:

Becky asked the question (I thought she was excellent in this visit), but Warren didn't answer (Will all the funds be spent within 12 months of receipt, or something like that).

 

9 hours ago, 73 Reds said:

Placing that kind of constraint on smaller charitable foundations is probably not what Buffett intends.  Legally, I believe charitable foundations only have to spend 5% of their assets each year for charitable purposes.  Buffett will probably impose lesser requirements on foundations run by his family members than he did on the Gates Foundation.

 

@jbwent63 & @73 Reds,

 

From the Berkshire Press Release :

 

Quote

... My goal is to dispose of all of my Berkshire shares within about eight years. As I explained last year, my children are unfortunately growing older. I have every hope that the three of them are able to carry out the disposal of my shares by December 31, 2034. ...

 

Wasen't there also something in the original gift letters [2006] where the foundations should ramp up donations to secure that the transfers of shares were tax free for Mr. Buffett?