| February 25th, 2023 5:13 PMBuffett touts benefits of buybacks in his shareholder letter
OMAHA, Neb. (AP) — Billionaire Warren Buffett said critics of stock buybacks are “either an economic illiterate or a silver-tongued demagogue” or both, and all investors benefit from them as long as they are made at the right prices.
Buffett used part of his annual letter to Berkshire Hathaway shareholders Saturday to tout the benefits of repurchases that fiery Wall Street critics like Sens.