BOSTON (TheStreet) -- Berkshire Hathaway's (BRK.B) - Get Berkshire Hathaway Inc. Class B (BARK.B) Report decision to buy back its own shares rather than those of other companies leads the day's slate of stories.
The Big Story
It looks like
had another epiphany in the bathtub as shares of his company dropped below $100,000 each.
For someone who has been vocal about buying U.S. stocks, is it concerning that
Buffett saw no better use of cash
than to buy back Berkshire shares?
From 2009: an interview with Warren Buffett on the time
Berkshire announced a buyback
after the stock dropped from $90 to $40 in 1974.
PBS Nightly Business Report
employees: Keep typing.
Speaking of Yahoo!, board of directors are showing poor corporate governance by hastily firing CEOs. CC:
Headline of the day:
Barclays says the charts show the
post-2008 recovery is over
The SEC believes in
, meaning money managers can't beat the market consistently.
"dumb money" remains bearish
, which is actually a bullish indicator.
The Technical Take
Wither Monday morning M&A? Third-quarter
M&A activity down 23%
from a year ago.
has been bad for U.S. stocks.
A 40-point checklist for
Odds and Ends
Perhaps before coming up with
tickers for future ETFs
Daily BRIC Bear 2X Shares
( BRIS), Direxion should write them out and read them aloud.
Stock traders are psychopaths
In the NFL, the
Bills and the Lions are undefeated
. I feel like I'm taking crazy pills.
Tickets for two
Radiohead shows in New York
this week sold out today in approximately three nanoseconds, leaving thousands to whine about being shut out. Don't complain too much; it's not like they'll play the hits like this gem.
-- Written by Robert Holmes in Boston
>To contact the writer of this article, click here:
>To follow Robert Holmes on Twitter, go to
>To submit a news tip, send an email to:
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.