No. of Recommendations: 12
Are you kidding me????
$482!!
Up another 6.
Indeed, quite the rally. $1.037 trillion already, the trillion mark is so last week. The difference is $37 billion--that used to be a big number.
Price-to-last-known-book 1.724. That's 23.2% above the 20 year average price-to-peak-book, so somewhat higher than usual: only 12 trading days closed at higher multiples since March 7 2008. At the average multiple since Jan 2008, the price per B share right now would be $102 lower.
A:B ratio is 1499.77, so perhaps a slight hint of a "B heavy" move? In any case, I think the momentum boys have climbed on board for a little while, Berkshire is now rallying even a bit more than other insurers.
Jim
