Ann: Update - Notification of buy-back - BRK, page-115

The dilution of BRK since listing is insane. I tried to warn you guys about it.

Also, the buyback is not very smart. Why is the company buying back shares now? They need cash more than ever given the economic worries plaguing the market.

The time to spend cash was in 2022. The time to generate and SAVE cash is this year. Yet, because the share price is floundering, it's a good time to buy-back shares? Hopeless

After when all the cash is gone, doubling down on capex, BRK will come to market with another raise... they'll have 6bn+ shares on issue and a promise to generate a lot of cash with the new money, which they probably will (but don't expect it to go to shareholders, just more capex in another oil down cycle afterwards)

Monkeys are pretty good at pattern recognition. People not so much.