In episode 151 I review Warren Buffett’s latest Berkshire Hathaway Letter to Shareholders, in which he criticises those who are calling stock buybacks harmful, calling those politicians economic illiterates and silver-tongued demagogues. Buffett explains why share buybacks are beneficial for all owners, as a way of distributing capital to shareholders, but only if the shares are bought by company management at an inexpensive price.

Recommended book: Berkshire Hathaway Letters to Shareholders 1965 - 2021 (referral link) https://amzn.to/3Za5uuu

Main investment brokerage I use to buy and sell international stocks.

Interactive Brokers (referral link): https://ibkr.com/referral/john5664

Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.