Jump to content

Buffett's Apha-Intense Macro-Cool Strategy


Recommended Posts


I think it's laughable that many "professional" commentators think that with this buyback program, Buffett is effectively saying there are no bargains in the market. Didn't he buy for $3.6b in stocks in the 2nd quarter, invest $5b in BAC and buy Lubrizol at a decent premium from it's market quotation? That's almost $20b right there, more than 10% of Berkshire's current market cap, that he invested mostly when prices where higher than today. There is absolutely no logic in what they are saying. This announcement doesn't even mean they HAVE to buy back anything, it just provides the opportunity.




Ding ding, berkshire has probably made over $21-23b in pure investments so far this year and we have another quarter to go. "Buffett sees no bargains", yeah right.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...