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"If he had acquired a portfolio company for $18 billion or purchased $18 billion in the stock of a public company, we would call it significant," said James Shanahan, Edward Jones analyst, who estimated the buybacks through Oct. at $18.4 billion and maintains a positive outlook on Berkshire shares. "Few better places for Berkshire to allocate its capital than to investing in itself with share buybacks," says Lawrence Cunningham, author of several books about Warren Buffett and Berkshire, and a...

What Warren Buffetts losing battle against S&P 500 says about this market CNBC 1/8/2021 Eric Rosenbaum With $140-billion-plus in cash, analysts described 2020 as another year in which the lack of a transformative deal from Warren Buffett weighed on investor sentiment. Buffetts biggest buy: at least $18 billion in buybacks of Berkshire Hathaway shares. The 2019-2020 two-year performance gap between Buffet and the S&P 500 index was among the widest by which he has ever trailed, ...