Message Font: Serif | Sans-Serif
 
No. of Recommendations: 2
...it's certainly possible Buffett is buying more IBM now that its "on sale."

That's certainly not a big stretch, assuming the current dip lasts long enough.
During 2012 Berkshire bought 4,209,553 shares for $824m which represents an average price of $195.75 versus today's $190.00.
Remembering that the table in the chairman's letter represents true cost basis
rather than GAPP and includes only those shares of economic value to Berkshire
shareholders, it's a simple matter of subtracting one year's figures from the prior year's.

Jim
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement