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Non-Tech : Berkshire Hathaway Class B
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To: Jurgis Bekepuris who wrote (1540)3/8/2004 3:20:00 PM
From: TimF  Read Replies (1) of 1652
 
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!".

If its true that BRK underpaid for Clayton then that is a good thing from the perspective of BRK stockholders. Its generally best to "buy low".

Tim
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