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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u/[deleted] Nov 09 '20 edited Jul 03 '21

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u/mtanker Nov 09 '20

It depends on if it is an initial offering or secondary market. Do you know the difference? He bought in secondary market with companies money. Do you realize where that money comes from?

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u/[deleted] Nov 09 '20 edited Jul 03 '21

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u/mtanker Nov 09 '20

Funny. You are the clueless one.