Subject: Re: Back of the envelope
FWIW.....this from Tilsons latest IV estimate,
"Thus, my estimate of Berkshire's intrinsic value is about $444,000 (cash and investments) plus roughly $275,000 (operating businesses), for a total of around $719,000 per A-share or $479 per B-share."
https://stansberryresearch.com...
ciao