nickenumbers Posted April 24, 2020 Share Posted April 24, 2020 Here is my quick math. 2/13/2020 3/04/2020 Diff Aprox Value A 700,396 699,123 B 1,385,994,959 1,382,352,370 "A" Share Equiv 1,624,393 1,620,691 (3,701) ($1,032,688,554) -0.23% Link to comment Share on other sites More sharing options...
StubbleJumper Posted April 24, 2020 Share Posted April 24, 2020 It seems BRK has posted a new Proxy to their webpage. Check it out https://berkshirehathaway.com/2020ProxyStmt.pdf It seems that they post their share count as of 3/4/2020, and I compared it to the count at 2/13/2020. Unless I am wrong, it seems they have only repurchased about $1B during that time period. Now, we all know the time after 3/4/2020 was pretty turbulent. I hope they repurchased more shares. Thanks for digging that out and sharing. At first glance, those numbers a bit disappointing. On the other hand, that's $1B in three weeks, which would be an annualized rate of ~$17B, if they elected to keep it going for an entire year. If they do elect to keep it going for an entire year, at least BRK's total cash balance wouldn't continue to increase appreciably.... SJ Link to comment Share on other sites More sharing options...
wabuffo Posted April 24, 2020 Share Posted April 24, 2020 At first glance, those numbers a bit disappointing. On the other hand, that's $1B in three weeks To be fair, those updated share counts are through March 4. BRK-B (for example) was still trading well above $200 til then with the lowest intra-day low of $199.68 in late Feb. Prices really declined since then and trading volumes ramped up. There's no guarantee that Buffett got more active since March 4th - but here's hoping he did. wabuffo Link to comment Share on other sites More sharing options...
gfp Posted April 24, 2020 Share Posted April 24, 2020 Looks right. Of course it cost them more than $1.03 Billion to buy because they were buying between those dates and it appears you used todays price to estimate the dollar amount. More than $1.2 Billion worth in three weeks - so a decent rate but they may have stopped buying in the dip just because that's how he seems to do things... Here is my quick math. 2/13/2020 3/04/2020 Diff Aprox Value A 700,396 699,123 B 1,385,994,959 1,382,352,370 "A" Share Equiv 1,624,393 1,620,691 (3,701) ($1,032,688,554) -0.23% Link to comment Share on other sites More sharing options...
wescobrk Posted April 24, 2020 Share Posted April 24, 2020 They should do a longevity study with the Berkshire board members in their 90's. There are 3 currently and will be 4 in August! I wonder if there is any other company in the S&P 500 that has ANY board members that are 90 and up? Link to comment Share on other sites More sharing options...
bookie71 Posted April 24, 2020 Share Posted April 24, 2020 How much is converting A shares to B shares to give to the Gates and other foundations? Link to comment Share on other sites More sharing options...
gfp Posted April 24, 2020 Share Posted April 24, 2020 How much is converting A shares to B shares to give to the Gates and other foundations? That should be accounted for by using "a share equivalents" or "b share equivalents" Link to comment Share on other sites More sharing options...
CassiusKing1 Posted April 26, 2020 Share Posted April 26, 2020 Question: Has anyone received their Shareholder credentials for the meeting? Are they even mailing those out this year due to the circumstances? I have a collection going back years of all the credentials, so was curious as the status of this years. Thanks. Link to comment Share on other sites More sharing options...
JGBRK Posted April 27, 2020 Share Posted April 27, 2020 Shareholders cannot attend meeting, no credentials. https://berkshirehathaway.com/sharehold.html Link to comment Share on other sites More sharing options...
BRK7 Posted April 27, 2020 Share Posted April 27, 2020 Charlie will not be part of the Q&A this year: https://berkshirehathaway.com/meet01/2020Meetinginfo-apr2620.pdf Link to comment Share on other sites More sharing options...
StubbleJumper Posted April 27, 2020 Share Posted April 27, 2020 Charlie will not be part of the Q&A this year: https://berkshirehathaway.com/meet01/2020Meetinginfo-apr2620.pdf Yeah, he seemed to struggle through it a bit last year. At times he seemed to be falling asleep and on one or two occasions, WEB had to smoothly bail him out. It's a big day for somebody his age... SJ Link to comment Share on other sites More sharing options...
John Hjorth Posted April 27, 2020 Share Posted April 27, 2020 Charlie will not be part of the Q&A this year: https://berkshirehathaway.com/meet01/2020Meetinginfo-apr2620.pdf So we're missing out on quite some : ... Charlie? I have nothing to add. [ ; - ) ] Link to comment Share on other sites More sharing options...
wescobrk Posted April 27, 2020 Share Posted April 27, 2020 Wow, no Ajit either. Very strange. Link to comment Share on other sites More sharing options...
Buckeye Posted April 27, 2020 Share Posted April 27, 2020 This is smart. With Covid-19, you probably don't want your top three guys in the same room together. Link to comment Share on other sites More sharing options...
Mephistopheles Posted April 27, 2020 Share Posted April 27, 2020 I don't get why they can't each video in from different locations Link to comment Share on other sites More sharing options...
wescobrk Posted April 27, 2020 Share Posted April 27, 2020 I don't get why they can't each video in from different locations Agreed, not even having Charlie and Ajit on speaker phone? Wtf? Link to comment Share on other sites More sharing options...
nickenumbers Posted April 27, 2020 Share Posted April 27, 2020 Yeah, I agree with you guys. It is really smart and necessary to physically distance all of them... But, we all look forward to Charlie. Maybe they could let him talk for 10 minutes at the end. Just cut to video in California, wake Charlie up from his nap and say "Talk Charlie." I don't care what he says it would be great. Dude is Wicked SMART and hysterical. Link to comment Share on other sites More sharing options...
wescobrk Posted April 27, 2020 Share Posted April 27, 2020 it isn't a safety issue. Charlie and Agit can talk over the phone. Very disappointing. I guess the Jason Zweig interview of Charlie from a couple of weeks ago is all we are going to get this year unless something changes. Link to comment Share on other sites More sharing options...
alpha Posted April 27, 2020 Share Posted April 27, 2020 Short Andy Serwer interview: https://ca.finance.yahoo.com/video/exclusive-warren-buffett-advanced-capitalism-130429262.html Link to comment Share on other sites More sharing options...
longterminvestor Posted April 28, 2020 Share Posted April 28, 2020 wonder why Greggory Warren (Morningstar) got the boot from being on the panel asking questions? Link to comment Share on other sites More sharing options...
stahleyp Posted April 28, 2020 Share Posted April 28, 2020 It would suck if Munger is never there again. Link to comment Share on other sites More sharing options...
Guest longinvestor Posted April 28, 2020 Share Posted April 28, 2020 wonder why Greggory Warren (Morningstar) got the boot from being on the panel asking questions? Only the journalists are represented by Betty Quick. The analyst panel is not in the plan this year. G Warren included. Link to comment Share on other sites More sharing options...
Liberty Posted April 30, 2020 Share Posted April 30, 2020 Sorry if already posted, but interview with Buffett (posted April 30, recorded March 10): Link to comment Share on other sites More sharing options...
longterminvestor Posted April 30, 2020 Share Posted April 30, 2020 Here is some insight (video and transcript) from Morningstar's Greg Warren regarding Berkshire titled "What the Pandemic Means for Berkshire Hathaway": https://www.morningstar.com/articles/981005/what-the-pandemic-means-for-berkshire-hathaway Link to comment Share on other sites More sharing options...
ebdem Posted April 30, 2020 Share Posted April 30, 2020 I had the pleasure to publish an interveiw with Greggory Warren today: Greggory is one of the 6 questioniares at the Berkshire Hathaway Annual meeting. In the interview we were talking about culture and valuation at Berkshire. Beside the fact, that we did it in November 2019, it offers a lot of good insights. Link to comment Share on other sites More sharing options...
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