If Berkshire Hathaway does stock buybacks here on the chart, and with a forward P/E of 20...they're idiots. I don't think they'll do it.

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No. 1-1
Sean Hyman
Sean Hyman

Editor

The media seems to act like he'd do it anytime he wants to. But it looks like he would do it only if the price of their stock got to 120% of Book Value. It's nowhere near there.