Unique financial nuggets

[queer]

Re: Unique financial nuggets

@Southie

Feb 24 WSJ - Berkshire Hathaway has been growing book value at a rapid pace - its price to book value is 1.1, while its normal P/B is 1.6 historically. So maybe looking cheap.

Last 2 years, its stock has increased only 4%, while S&P500 increased 27%. Since they announced share buyback last fall, share price increased by 19%. Buffett believed shares were undervalued - hence announced buyback.

In the last 42 rolling 5 year periods, Berkshire has beaten S&P500 each time!

i’ve been wanting to buy some brk-b from a while now, but how safe is it in the event of something like buffet being sidelined due to illness etc? dude is plenty old..