Subject: Re: Is brkb headed to new highs?
A slightly different question, are the days of a B share starting with a "2" over? Meaning is $300 the absolute floor (say with 99% confidence)? I think $299 would be below 1.2x book value which would be very rare...

Depending on the valuation metric you use, it's not all THAT unlikely.
On price-to-peak-real-book, it has been that cheap or cheaper over 15% of the time since January 2008.

Jim