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Coming tomorrow: Did Berkshire keep buying its own stock? Berkshire Hathaway will be releasing its third quarter financial report tomorrow (Saturday) morning.
One key number will be how much of its own stock Berkshire repurchased.
Bloomberg notes that in the first half of the year, buybacks hit a record $6.7 billion, and says UBS Group is predicting we'll see another $3.2 billion in the July-September period.
It quotes Edward D. Jones analyst Jim Shanahan as saying, "I hope that we observe that there has been some incremental buyback activity beyond what was disclosed in late July ... (but) I still see some degree of caution."
The report will also provide a better picture of how well Berkshire's operating businesses, like BNSF and GEICO, are weathering the now-worsening COVID-19 pandemic.
"They can shape it ... but they can't end it" Months before the 2016 election, Warren Buffett was asked how the outcome of that election would affect Berkshire Hathaway.
As we await the final outcome of the 2020 election, it's helpful to go back to what he said then about presidents, Berkshire, and American economic progress.
BUFFETT AROUND THE INTERNET Some links may require a subscription
BERKSHIRE STOCK WATCH
BERKSHIRE'S TOP STOCK HOLDINGS - November 6, 2020
Berkshire's top stock holdings by market value, based on today's closing prices.
Holdings are as of June 30, 2020 as reported in Berkshire Hathaway’s 13F filing on August 14, 2020 and other filings, except for Bank of America, which is as of August 4, 2020, DaVita, which is as of September 17, 2020, and Wells Fargo, which is as of August 14, 2020.
The full list of holdings and current market values is available from CNBC.com's Berkshire Hathaway Portfolio Tracker.
QUESTIONS OR COMMENTS
Please send any questions or comments about the newsletter to me at alex.crippen@nbcuni.com. (Sorry, but we don't forward questions or comments to Buffett himself.)
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-- Alex Crippen, Editor, Warren Buffett Watch
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