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2019 Annual Meeting

The "simple arithmetic" behind a Berkshire buyback

Warren Buffett lays out the conditions necessary before Berkshire will buy back any of its shares, drawing a distinction with almost every other company's repurchasing strategy.

Sat, May 4 2019 • 10:15 AM EDT
More From 2019 Annual Meeting
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2019 Annual Meeting Highlight Reel
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Morning Session - 2019 Meeting
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Afternoon Session - 2019 Meeting
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Buffett's politics: "I'm a card-carrying capitalist"
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Berkshire's Amazon buy isn't a shift away from "value" investing
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"Don't go overboard on delayed gratification"