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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (71946)12/15/1999 4:23:00 PM
From: Freedom Fighter  Respond to of 132070
 
Ike,

I can see you are not the "long term" investor type. (g)

I think BRK is coming under tax selling pressure from former General Re holders. Hard to blame them. Warren gave them what appeared to be reasonably generous price for their shares using BRK stock that was trading at 84,000. That was the largest premium to my estimate of BRK's value I have ever seen. My calculation of BRK's intrinsic value went through the roof right after that deal.

Wayne