Subject: Re: Bloomstran: “The stock was overvalued”
Bloomstran said the following regarding Berkshire's valuation on 8/2/2025:

"The stock actually traded above my appraisal of intrinsic value earlier in the quarter for the first time since our owning the stock in February 2000. The shares peaked the Friday before this year’s annual meeting at its highest fundamental valuation since 1998. Ongoing growth in intrinsic value and a ~12% price decline from the peak has the share now at about 85% of my appraisal and back down to valuation levels where Berkshire last bought back shares."

https://x.com/ChrisBloomstran/...