Stock buybacks I have always been a contentious point for Warren Buffett and Charlie Munger. Q2 hedge fund letters, conference, scoops etc If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. While the duo is not wholly against buybacks, they do believe that the majority of the time, companies are wasting shareholders funds repurchasing stock at high prices. Buffett and Munger on buybacks For example, at the 2004 Berkshire Hathaway annual meeting of shareholders, Buffett told the audience that as long as companies have been “honest”…
Munger And Buffett On Stock Buybacks
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk