Friday, September 30, 2011

Buffett: The Berkshire Hathaway Buybacks Have Begun

In a live interview with CNBC on the New York Stock Exchange, Warren Buffett told CNBC that the buying back of Berkshire Hathaway's (BRKa) stock has now started.

He also added that they have been buying net $ 4 billion of some other common stocks in the 3rd quarter.

CNBC article: Warren Buffett Buying Stock Bargains

Buffett says he still hopes to make some big acquisitions. Not exactly bearish.