Post #5190 by mungofitch on the US Policy board

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Did anybody do an estimate of year end book per share?

I estimated the change in the equity portfolio prices bumped book by $20010/share. Call it "around 20k".
With a seasonal adjustment, after tax earnings on "steady things" might be expected to be around $5840/share.
That's after-tax profit in rails, utilities, manufacturing/service/retail, and a figure for cyclically adjusted underwriting profit.
That would put book per share a little over $389000, an remarkable (implausible?) 25% higher than a year earlier. The market value of the Apple position rose something like $57.3bn in the calendar year, just over half my quick estimate of the rise.

Any better guesses out there?

Jim

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