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View Full Version : Berkshire Buyback Gives Buffett a Weapon to 'Play Offense' in Market Slump - Bloomber



NewsWhore
09-26-2011, 04:50 PM
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Berkshire Buyback Gives Buffett a Weapon to &#39;Play Offense&#39; in Market Slump (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFBJDi6Td6qImjN_KJbGstGk9m6Ow&url=http://www.bloomberg.com/news/2011-09-26/berkshire-buyback-gives-buffett-a-weapon-to-play-offense-in-market-slump.html)
Bloomberg
And it enables them to have an acquisition currency.” Berkshire traded at about 1.08 times the June 30 book value after today&#39;s gain. Declines this quarter in stock holdings in Wells Fargo & Co. and American Express Co. have pressured Berkshire&#39;s book ...

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