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Warren Buffett Just Said This in His Shareholder Letter
In episode 151 I review Warren Buffett’s latest Berkshire Hathaway Letter to Shareholders, in which he criticises those who are calling stock buybacks harmful, calling those politicians economic illiterates and silver-tongued demagogues. Buffett explains why share buybacks are beneficial for all owners, as a way of distributing capital to shareholders, but only if the shares are bought by company management at an inexpensive price. Recommended book: Berkshire Hathaway Letters to Shareholders 1965 - 2021 (referral link) https://amzn.to/3Za5uuu Main investment brokerage I use to buy and sell…
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