Berkshire started repurchases in 2010, at 1.1x p/b max.
Housing was still weak in 2011. There were a short-term boost in 2010 due to federal homebuyer tax credit ($8,000 for first-time buyers).
Two major investments were made – BofA and IBM.
Berkshire started repurchases in 2010, at 1.1x p/b max.
Housing was still weak in 2011. There were a short-term boost in 2010 due to federal homebuyer tax credit ($8,000 for first-time buyers).
Two major investments were made – BofA and IBM.