August 6, 2018

On Monday, the S&P 500 was up another 0.35% while Toronto was closed.

Berkshire Hathaway was up 2.9% on its good earnings results. I had mentioned that Berkshire had not yet bought back any shares under its new plan and I thought that might be a negative. But I now see where Berkshire had pledged not to buy any until the Q2 results were out. This is in fairness to those who might have sold to Berkshire, who knew the results would be good. But from here forward it is fair game, investors who would consider selling have been warned that Buffett could be buying. (So, they might want to re-examine the logic of their decision to sell).

CRH Medical was up 4.35% in U.S. trading.


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