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Strategies & Market Trends : Value Investing

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Recommended by:
Jurgis Bekepuris
To: E_K_S who wrote (55574)6/30/2015 11:45:17 PM
From: Spekulatius1 Recommendation   of 78794
 
I ended up purchasing some BRK.B yesterday and today around $136.7. I figure that the book value is $100+ share and it's worth 1.5x book at least. Or look at this another way, BRK.B can be purchased for a lower PE than the market, yet it is clearly and above average business, with excellent management and a much better than average balance sheet. So it's basically a 90c on the Dollar value (or a bit better) for a nice worry free compounder.

FWIW, I also bought some SNI at $64+. As most in this board,I am waiting for better prices but felt it's worth dipping the toes in this market as it's selling off a bit.
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