Post #14979 by AdrianC on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

Unthreaded | Threaded | Whole Thread (11)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 1

I think HC was referring to a big trade by persons unknown, but continuing Jim's thread:

Unless/until P/B starts to mean something meaningfully different as a quick yardstick for value, I see no reason to think that management would purchase a B share at over 1.48 times book (known and published peak-to-date book per share at the beginning of the month in question) in order to add to the value of remaining shares, for the simple reason that they haven't done so.

Which is 1.48 x $303.37 = $449
About 7% down from here.
About 17% down from peak share price.

I'd be surprised if they did repurchase anytime soon, though.
They are in 'batten down the hatches' mode, expecting rough weather.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (11)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.