Subject: Re: Brk and valuation, another opinion,
I just read the summary.

Quote:
"I argue that BRK's stock price is currently in the exuberant territory".

I don't agree with "exuberant". More like fair value to highly valued. That itself is quite rare.

Price to last known book 1.53
Price to estimated Q4 book 1.51
Price to peak book 1.38

Negligible discount to 3Q 5 groves ($323)

I'm going to lighten up a bit. Do the Jim method - sell half of what I have earmarked for sale.