Warren Buffett News: Buffett’s Leading The Corporate Buyback Surge

BERKSHIRE HATHAWAYBuffett’s Leading The Corporate Buyback Surge (Forbes)
Forget the annual parade of Street prognosticators rolling out their 2013 forecasts. Warren Buffett recently delivered a pretty telling commentary on market valuations. Berkshire Hathaway Inc. (NYSE:BRK.A) announced that it will commence share repurchases when the stock trades below 120% of its book value. Last fall Berkshire first authorized a buyback, but set a threshold of 1.1x book value. To date Berkshire only repurchased $67 million worth of shares (in the fourth quarter of last year.) At 1.2x book value, it sure looks like Berkshire is going to be buying back more shares starting….now.

Two books offer advice on being like Warren Buffett (BostonGlobe)
For as long as I can remember, the investment maxim that most evokes a mix of adulation and performance anxiety is “Invest­ like Warren Buffett.” How can mere mortals emulate a deity? In truth, most of us will never come close to “the oracle of Omaha.” He’s done all the things a stellar investor should do: He buys when there’s blood in the street, finds solid companies at great prices, and keeps them forever. Lacking Buffett’s phenomenal verve and mettle, though, most of us won’t do this. But that doesn’t mean we’re doomed. Fortunately, the multibillionaire chairman of Berkshire Hathaway Inc. has been generous with his wisdom, and two recent books compile and analyze it elegantly: “Tap Dancing to Work,” by Carol Loomis, a longtime Fortune writer and Buffett friend, and “Think, Act and Invest Like Warren Buffet,” by Larry Swedroe, director of research for Buckingham Asset Management. What key advice resonates most?

‘Triple’ tips to follow for successful sales (TheGlobeAndMail)
When Warren Buffett makes a deal, it’s usually quick, as with the purchase of Nebraska Furniture Mart. Rose Blumkin, the 89-year-old founder and owner, told him one day she was tired of fighting with her children about running the company and wanted to slow down. “Rose, I’ve always told you that when you were ready to sell, I would buy. What’s your price?” he replied.

The Snowball Part One: A Look At Warren Buffett’s Early Life (Valuewalk)
I had wanted to read this book for a long time, and I asked the publisher for a copy of the book. No copy came, and I asked years ago. Recently, Alice Schroeder came to speak to the Baltimore CFA Society, and after hearing her good talk, I decided to get a copy from the local library (12 copies available in the system). This book is complex. It’s a great book, but you have to appreciate why it was designed the way it was. Warren Buffett is a complex guy, as you might expect from the only man to become ultra-rich from investing alone. That’s why the book is long. I did not mind that; I even read the footnotes to get the nuances on when Alice’s sources did not agree.

How to Build a Portfolio With a 7.4% Yield (DailyFinance)
Super-investor Warren Buffett once said: “Put all your eggs in one basket and then watch that basket very carefully.” Buffett knows the value of diversification and the benefits of concentration. Don’t get me wrong, I think diversification is very important. But massive gains can be made by getting just a few picks dead-right. Buffett knows this. I’ve trawled the market to find a collection of high-yielding shares. The drawback is that my portfolio below contains just a few shares and is heavily biased toward insurance.

Buybacks: Now Even Buffett’s Doing It! (Fool)
Share buyback programs tend to have a poor reputation among private investors. If a company has surplus cash to disperse, many prefer to see it paid out in a dividend. So news that Warren Buffett’s Berkshire Hathaway group is buying back shares in spades sends confusing messages. The Oracle of Omaha’s words of wisdom are followed by private and professional investors alike, and in the past he’s been less than complimentary about buybacks. …There is no shortage of companies on the FTSE 100 buying their own shares at the moment. Companies such as British American Tobacco PLC (NYSEAMEX:BTI), Imperial Tobacco (LSE: IMT ), GlaxoSmithKline plc (NYSE:GSK), and Wm. Morrison (LSE: MRW ) announce purchases practically daily.

For Power and Status, Dominance and Skill Trump Likability (ScienceDaily)
Finding the next Barack Obama or Warren Buffett might be as simple as looking at who attracts the most eyes in a crowd, a new University of British Columbia study finds. For the study, which used eye-tracking technology, participants who observed groups of strangers were able to accurately predict who would emerge as leader of the group in 120 seconds or less.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

Top 6 Cities For The Ultra Rich to Live in Comfort

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!