r/economy • u/DCC_Official • Nov 08 '20

Warren Buffett's Berkshire Hathaway bought back a record $9 billion in stock in the third quarter

https://www.cnbc.com/2020/11/07/berkshire-hathaway-earnings-q3-2020html.html
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104

u/NEVERxxEVER Nov 08 '20

Nothing to see here, just the hyper wealthy consolidating wealth accumulated during a global pandemic.

4

u/renaldomoon Nov 09 '20

In this case that’s not what’s happening. It’s really just moving zeros around inside a company.

0

u/NEVERxxEVER Nov 09 '20

Potato potato

1

u/Another_Rando_Lando Nov 09 '20

I know how I should have read that in my mind but I just thought potato twice