If Warren is buying ,so should you
Berkshire Hathaway just announced they will be buying back stock up to a certain limit.
Warren buffett is reluctant to buy back Berkshire’s stock unless he sees value or there is a lack of better opportunities for the company’s growing cash pile.
Thus, this is a strong signal that the stock is undervalued.
I repeat my call in 2008 asking Temasek Holdings and/or GIC to buy Berkshire Hathaway. Don’t miss the boat again!
Entry filed under: Investing.