Berkshire Not Overpaying for Shares, Hagstrom Says

Dec. 13 (Bloomberg) -- Robert Hagstrom, chief investment strategist at Legg Mason Investment Counsel, talks about the decision by Warren Buffett's Berkshire Hathaway Inc. to raise the threshold at which it will buy back stock. Hagstrom, speaking with Betty Liu, Dominic Chu and Julie Hyman on Bloomberg Television's "In the Loop," also discusses market sentiment and U.S. fiscal talks. (Source: Bloomberg)