Subject: Re: making sell decisions based on BV
He did, and he told us how he values Berkshire - the five groves. Do the exercise as he lays out, but it wont make you happy. You’ll need some pretty heroic earnings multiples to get to $500. Plus, that same older exec has a huge war chest, but isn’t spending any of it on his own stock. Is that a hint?
Warren is not only not buying back Berkshire stock recently but he was actually selling Berkshire stock to buyback minority interests at BHE in 2024. That says everything one needs to know about the wise old man's view of Berkshire stock valuation these days.