Subject: Re: Anybody getting greedy at under $30...
-WEB paid as high at $322/B share
-Bloomstran said worth north of $400/share...last year
-Morningstar just updated valuation work>>>>5* buy price (read drop everything to add) is $296/B share.
-Adam Mead....who wrote one of the definitive books on BRK history, last I checked has IV at $360/B share.
-Whitney Tilson....etc
But we still want to focus on useless P/B and backtesting exercises that are most certainly meaningless?
Stocks can trade anywhere but we must be close to an aggressive buy price. Do not anchor on past prices.