Why Is Warren Buffett Buying Back Berkshire Hathaway Stock?.

From http://ewallstreeter.com/images/badges/eWallstreeter_badge_200.png
December 27, 2012 - 8:43am

By DailyFinanceEarlier this month, famed billionaire and Berkshire Hathaway (BRK-A) (BRK-B) chairman Warren Buffett dropped a bombshell.Breaking with past practice, and changing the financial rules he himself laid down, Berkshire is buying back its own stock -- and plans to keep buying back its stock at any price up to and including 1.2 times "book value."What's book value?

Share this article »  

Continue reading this article »