Coronavirus punishes Warren Buffett as Berkshire Hathaway takes big writedown Quote.. During the quarter, Buffett, who turns 90 on Aug. 30, also took advantage of Berkshire’s underperforming shares by repurchasing $5.1 billion of stock, even as the pandemic reduced other companies’ ability to buy back their own shares.
It's difficult to imagine that anybody wouldn't be buying the stock with their ears pinned back, given the managers that are currently in place.
I see Buffett is buying up gold. I think he’s throwing a sucker punch. I think gold may crash after Covid is finished.
^^^ I bet some of that gold ends up in his vault. "wheel it in boys, this load is covered by insurance so no loss to the company lol"
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