The conglomerate beat analysts' operating profit target, but there were no share buybacks over the third quarter.

Berkshire Hathaway also said that it did not make any stock buybacks in the first half of the year. Berkshire only buys back ...

Buffett has focused on investor behavior and frictional costs in his case against splits. 1 They: increase share turnover, and therefore the so-called “pickpocket” of transaction costs; 4 attract ...