Underlying Fundamental investing, 1977–2024

Finding

When should a company buy back its own stock?

48 letters · 1977–2024

2020 Claim
In no way do we think that Berkshire shares should be repurchased at simply any price.
1999 Conditional
if he intends to hold, he should instead hope the stock falls and trades in enough volume for us to buy a lot of it.

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