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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch ✹🐝🐝🐝🐝 SILVER
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Number: of 15058 
Subject: Re: Does WB require 10% off on stock repurchases? N
Date: 03/19/2024 3:42 PM
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The 'conservatively calculated' is where the big question mark is: How does he do this calculation, and how conservative is it?

I have always thought of it this way: as he notes, there is a pretty wide range of possible value estimates, and his and Charlie's estimates would always have differed.
So I assume the price paid would have to be below the bottom of the range of all plausible estimates, then at least a little bit lower still to make it worthwhile.

Jim
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