Post #11589 by Munger_Disciple on the Berkshire Hathaway board

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Strangely, there is no balance sheet presented in the Q4 results press release. I went back & looked at 10-Q for Q3-24, and I am pretty sure they did not include deferred tax liabilities in the intrinsic value calculation in the Q4 release. And also there is no liability for float either & some double counting. Seems to be a very aggressive estimation of IV.

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