Subject: Re: IV and growth estimates
Buffett pivoted away from Book Value to suggest the per-share owner-earnings as their new way to track IV & IV growth. “This is what Charlie and I are keeping our eyes on”. That was from about 10 years ago. Somewhat timed with the beginning of the stock buyback regime. Anyone here have an estimate of how this has worked out? What’s been that growth rate? Much appreciated if someone has done this and can share.