Banter and General Comments .. BRK, page-7148

I'm in two minds of a buyback.....it's cheap & would be accretive in the mid to long run but the returns on production are exceptional atm even though production per say isn't central to the business model. There's value in investing in the business here over returns to shareholders.

I think management purchasing on market would be viewed very favourably however when the company covers the price of an option conversion on a million dollars worth of cheap shares for its head at well below the cost of funds for a period of I think it was two years.....why would you if you were DP? There's a lot I like about BRK and DP. Just because these arrangements are commonplace these days doesn't make it right or fair to shareholders that stump up funds. Performance options for management....big yes from me provided the hurdles are reflective of operational & financial progress reflected in part to share market price recognition that benefits all shareholders. DP can pay for his option conversions up front from his own pockets just like those of us he's working for. 'Real skin' as you say says a hell of a lot. Can't see him buying too many when the company buys them for him at ultra low token cost.