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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?

To: Wright Sullivan who wrote (1006)	1/24/1999 1:31:00 PM
From: James Clarke	Read Replies (1) \| Respond to of 4691

That's not why you buy BRK, and if you are going to look at it as a hold forever stock, it should be irrelevant. But I'm not sure I look at BRK that way. I think I got in at a decent price in December, and I haven't decided yet whether I would sell into a monster S&P index run-up. The arguments as to why it will not go into the S&P though are unconvincing. This is one of the largest insurance companies in the world, stock holdings aside. Right now I am more interested in tracking down the Paine Webber report and seeing how the analyst calculated a valuation 50% north of the current share price. JJC