Ann: Update - Notification of buy-back - BRK, page-17

Agree big time on the opportunity at 1.2-1.4c. Buying all the shares on offer (which were substantial) & waiting for a re-load would have had no effect on the share price. As long as they take what's on offer & do not run a stand in market + escalate principle (within rules) then they won't drive the share price. Really feel this opportunity will slip away. Little point buying back shares post a monetising event.....the opportunity presents now & it may well not exist later or at least be as attractive.

This was a fantastic Quarterly result, albeit expected to a large degree. Congrats to the managerial custodians on its delivery. In time the market will be pleased too. As the Prof spells it out in his post above, pricing expectations & reality do not often converge.....but when they do....it's worth the wait.

Disc:- I'm knocking on the door of the T10, inclusive of family holdings we're well in the T10. Like the opportunity here still.