After Warren Buffett criticized opponents of inventory buybacks over the weekend, a White House official supplied a response Wednesday, suggesting the storied investor and President Joe Biden aren’t completely at odds on this problem.
In his annual letter to Berkshire Hathaway BRK.B BRK.A shareholders, Buffett made the next level: “When you might be advised that every one repurchases are dangerous to shareholders or to the nation, or notably helpful to CEOs, you might be listening to both an financial illiterate or a silver-tongued demagogue…
Source web site: www.marketwatch.com
