Subject: Re: making sell decisions based on BV
“In fact didn't a top BRK executive, an older guy who has compiled a rather impressive investing record, say that in regards to valuing BRK, BV is not as relevant as it once was?”

He did, and he told us how he values Berkshire - the five groves.

Do the exercise as he lays out, but it wont make you happy. You’ll need some pretty heroic earnings multiples to get to $500.

Plus, that same older exec has a huge war chest, but isn’t spending any of it on his own stock. Is that a hint?

What’s driving the current price? Who knows? Mr Market is in his manic phase.