Subject: a stock can stay overvalued for a long time
According to Bloomstran we are not that much above his IV estimate. One can only imagine if many of the posters here had owned Costco....take a look at the chart and the valuation. At what price would the "experts", pointing to their valuation analysis, have sold with the comment that they would buy it back when it dropped down to a more reasonable price? BRK just might have a long runway ahead of it.
In a shout out to a long time poster on multiple boards: "$600 or bust!"