Subject: Re: Predictability
Having it be conservative is nice, but a lot of things have happened since 2006. That’s before the acquisition of BNSF and the split in the B shared that added BRK to the S&P500 and to the options market
Probably best to make the return indexed to inflation so you don’t have that error.
Do you guys remember the Intrinsivaluator? It was a flash-based valuation tool. I used it on 2010 and for a few years following to get an idea of how aggressive of a valuation the stock price actually follows.