Reported 1 day ago
Warren Buffett, the CEO of Berkshire Hathaway, is renowned for his investment strategies and consistent buybacks of his own company's shares, regardless of their valuation. Since amending buyback rules in 2018, Buffett has repurchased approximately $78 billion of Berkshire shares, believing they represent intrinsic value. This strategy not only rewards shareholders by reducing the share count, but also reflects Buffett's confidence in his company's long-term potential despite current market valuations.
Source: YAHOO