Subject: MKL 1.46 vs BRK 1.66
Anyone have any opinions on these two these days? I have so much Berkshire that I think MKL could be redundant (Any thoughts on that too?). I know Jim used to compare and contrast them and their average P/BV ratios at times.

If BRK is worth 1.5BV, it is probably a year of earnings away from that. Not terribly over-expensive. I'm thinking of lightening MKL and holding cash at the moment, hoping BRK or some other companies come down a bit. Or do folks think MKL is too undervalued right now to lighten/sell? Thanks.