{"id":84002,"date":"2023-02-27T02:00:28","date_gmt":"2023-02-27T07:00:28","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84002"},"modified":"2023-02-27T01:47:22","modified_gmt":"2023-02-27T06:47:22","slug":"warren-buffett-calls-stock-buyback-critics-economic-illiterate-in-berkshire-hathaway-annual-letter","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2023\/warren-buffett-calls-stock-buyback-critics-economic-illiterate-in-berkshire-hathaway-annual-letter.html","title":{"rendered":"Warren Buffett calls stock buyback critics \u2018economic illiterate\u2019 in Berkshire Hathaway annual letter"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/warren-buffett\/\">Warren Buffett<\/a>\u00a0defended stock buybacks in <a href=\"https:\/\/www.cnbc.com\/quotes\/BRK.B\/\">Berkshire Hathaway<\/a>\u2019s annual letter, pushing back on those railing\u00a0against the practice he believes to be beneficial to all shareholders. \u201cWhen you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive),\u201d the 92-year-old investor said in <a href=\"https:\/\/www.cnbc.com\/2023\/02\/25\/read-warren-buffetts-annual-letter-to-berkshire-hathaway-shareholders.html\">the much-anticipated letter released Saturday.<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/02\/25\/warren-buffett-annual-letter-berkshire-hathaway-stock-buybacks.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Warren Buffett\u00a0defended stock buybacks in Berkshire Hathaway\u2019s annual letter, pushing back on those railing\u00a0against the practice he believes to be beneficial to all shareholders. \u201cWhen you are told that all repurchases are harmful to shareholders or to the country, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84002","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84002"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84002\/revisions"}],"predecessor-version":[{"id":84003,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84002\/revisions\/84003"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}