The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Joe Magyer and Bryan Hinmon, discuss the top business and investing stories.
Berkshire Hathaway (NYSE: BRK-A) announced that it has bought back $1.2 billion worth of Class A stock, and shares were up on the news. The board of directors also authorized future stock buybacks at 120% of book value. In this segment, the guys analyze the news and share why they believe Berkshire is still a buy.
