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Buffett/Berkshire - general news


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Less and less is actually material to Berkshire parent company these days, but in the news yesterday is a large fire at an Illinois Chemtool plant.  Chemtool is a subsidiary of Lubrizol (purchased in 2011).

 

https://www.google.com/search?q=chemtool&client=safari&sxsrf=ALeKk014l-R38ukUgBp_ETy-qYpx__RDiA:1623773872280&source=lnms&tbm=nws&sa=X&ved=2ahUKEwi22uiGhZrxAhWXXc0KHWAvCtAQ_AUoBHoECAEQBg&biw=1341&bih=1287

 

In other news, TransRe (an Alleghany subsidiary) and GenRe are not renewing their 5 year underwriting partnership -

 

https://www.reinsurancene.ws/transre-and-gen-re-break-off-underwriting-partnership/

 

 

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Will we see a big number of share buybacks in Q2 2021 or a clear slowdown because the share price went up?

 

Anyone any thoughts?

 

I personaly think Berkshire Valuation as pretty much fair so I expect a clear slowdown of buybacks by Buffett.

 

On the other side, I prefer to see them keep doing buybacks even at fair value rather than the cash balance keep going up up and up.

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