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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?


To: Duker who wrote (1314)2/9/2000 6:34:00 PM
From: Richard Forsythe  Read Replies (4) | Respond to of 1652
 
Just to drill down into the valuation aspects...

At September 99, Berkshire had, per B share equivalent:

$787 in cash and cash-equivalents and bonds.
$1548 in cash, bonds and equity (including Coke, etc)
$1213 in shareholder equity/book value
$812 in "tangible" shareholder equity (i.e. excluding goodwill)

So, even given some overvaluation in the equities (and both KO and G were close to 3 year lows on 9/30/99), you're getting $1548 in liquid assets per B share. The insurance companies, candy company, retail businesses, flight services -- they're free with purchase.

Interesting, eh?

Richard



To: Duker who wrote (1314)2/9/2000 7:00:00 PM
From: Gottfried  Respond to of 1652
 
Duker, no offense taken. :) I just had to pull your chain. G. [end]