AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
How to Measure the Buybacks Value Creation in 2020
Chris Stegas: Buffett has done a great job of always doing what the business is worth and knowing, but other businesses were worth. He bought Berkshire Holloway last year for $25 billion; that's more than the operating earnings for the same period. You know, I think the use of the shares with the stock being as undervalued relative to what I'd call intrinsic value may represent a material pivot. In the pivot, there may be an acknowledgement that the overall stock market is expensive. And we will talk more about the different value S techniques later.