Berkshire Hathaway Class B Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Berkshire Hathaway Class B

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Duke of URL© who wrote (1556)	3/8/2004 4:59:51 PM
From: Jurgis Bekepuris	Read Replies (1) of 1652

>I didn't say the disparity of Intrinsic value was >increasing Buffett did. Which I agree with. >And there is a technical DIFFERENCE between IV and Price. Which I know. You, on the other hand, don't seem to catch this. >And I think he is talking about 30 years, not the >last three. So you are saying that it is best to buy BRK now and not 30 years ago because the disparity has increased? Without even looking at what the price is and what is the relationship of the price to book (and intrinsic value, which nobody except Buffett knows)? How about thinking at least a little bit? Let's see. Assume we should pay more than 1 P/Book for BRK. How much more? 2 P/Book? 5 P/Book? Maybe 100? Any intelligent answers? BRK was at 1.15 P/Book in 2000. And Buffett almost bought back shares then. So, 1.15 P/Book is possibly a bargain. However, now it is at 1.86 P/Book and you use the "39-year gain in intrinsic value has therefore somewhat exceeded our 22.2% gain in book." to justify that BRK is undervalued? Oh well. Jurgis

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next