This is the post that caught my eye. And BRKB is a more or less a pure financial play while SFE is more tech and Internet, which I have in spades already.
To: Duker (1314 )
From: Richard Forsythe ( Ignore ) Wednesday, Feb 9 2000 6:34PM ET
Reply # of 1340
Just to drill down into the valuation aspects...
At September 99, Berkshire had, per B share equivalent:
$787 in cash and cash-equivalents and bonds.
$1548 in cash, bonds and equity (including Coke, etc)
$1213 in shareholder equity/book value
$812 in "tangible" shareholder equity (i.e. excluding goodwill)
So, even given some overvaluation in the equities (and both KO and G were close to 3 year lows on 9/30/99), you're getting $1548 in liquid assets per B share. The insurance companies, candy company, retail businesses, flight services -- they're free with purchase.
Interesting, eh?
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