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What are you buying today?


LowIQinvestor

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I bought BRK.B this morning at $201.80.

 

I just had a limit order fill at $199.98.  Crazy.

 

Same, I wonder what Warren is looking at.

 

Meanwhile stuff SPCE is up 5%  ::)

 

edit: Make that 9%

 

Hopefully Warren is buying BRK too.

 

 

Hopefully WEB is buying BRK in *large volume*.  His letter left the impression that he was shying away from grabbing large volumes because he didn't want to push to the price up or to even support the price in a down-market.  IMO, it's time to throw all of that out the window.  Today you can buy BRK at 2018 market prices, which are quite obviously a considerable discount to current intrinsic value.  It's time to stop caring whether re-purchases happen to push the price up by a couple of dollars per share because it's far more important to seize this opportunity to actually grab some volume.  These are NOT 95-cent dollars!

 

 

SJ

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