No. of Recommendations: 1
I thought buffet paid much higher in Q2 2024 for a share. $413 ish I think. Assuming 10% annual IV compunding rate that would be more like $455 today.
For A shares, yes, $418 equivalent. Jim wrote about that in the last couple of days. Probably buying from a private seller.
Highest for Bs that I have is $357.22
I look at the cash and think if we can just get the IRR from current 4% to 10% operating earnings will rise by $20 BB?
Aye, that would get my 5-groves up to $463 (add $20bn in earnings at 15x, remove $200Bn in cash).
What's your 5-groves currently?
