Berkshire Hathaway Class B Message Board

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Non-Tech : Berkshire Hathaway Class B

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To: The Duke of URL© who wrote (1539)	3/8/2004 2:53:42 PM
From: Jurgis Bekepuris	Read Replies (2) of 1652

Duke, Clayton's stock was underpriced. BRKs stock is fairly valued or overpriced. So there is no bargain of buying BRK after getting lowballed by Buffett. It's the same as somebody would give you $.80 for a $1 and then tell you: "Hey you can make money by buying $.75 for the $.80 I gave you!". Much more information is available from unsuccessful attempts to stop Clayton's sale. It is Buffett's job to buy companies cheap. I don't object to it. What I object is unfair reporting as if everybody was happy with the sale. "Clayton's board was receptive..." - yeah, and that's just before sections about boards rubberstamping decisions infavorable to shareholders. Jurgis

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