Historically, Berkshire Hathaway Has Only Bought Back Stock Below Its Intrinsic Value. Here's How Investors Can Apply Warren Buffett's Discipline to Their Own Portfolios.

The new CEO has also been buying Berkshire Hathaway stock. Buffett was just as fastidious about stock buybacks as he was about buying other companies. It is fair to assume that Abel is only buying Berkshire Hathaway stock because he believes it is undervalued. You could follow that lead and buy Berkshire Hathaway stock, too. But there's more to consider here when it comes to your broader portfolio. Buffett had a value bias, preferring to buy companies only when he believed their prices were attractive. New ...