Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2016-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Buy Back Stock

Anytime you can buy stock in for less than it's worth it's advantageous to the continuing shareholders and but it should be by a demonstrable margin. But I have very rarely seen, Jamie Diamond is very explicit about saying he's going to buy back the stock when he's buying it below what he considers intrinsic value to me. We are always behaving a lot like what's somewhere I call the Episcopal Prayer. And we prayerfully thank Lord that we're not like these other religions who are in prayer.

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