Subject: Re: Numbers
If BHE were publicly traded with a market cap of $49 billion I would be buying it hand over fist. What WEB said publicly about the valuation being lower should be viewed with skepticism. Remember when BRK bought BNSF and WEB said publicly how they had to overpay for it. And if you ask a question at the meeting about the valuation of one of BRK's holdings the response is, "We're not in the business of giving away free information."