No. of Recommendations: 6
Agree that BV has still been a good yardstick for decision making but is it not likely that at some point that will no longer be the case and is it possible that it is happening now? Would it really be surprising if BRK continued its upward trend and before you know it is priced at 2X BV? In fact didn't a top BRK executive, an older guy who has compiled a rather impressive investing record, say that in regards to valuing BRK, BV is not as relevant as it once was?
I'm just amazed that people are talking about selling shares, writing puts, etc. as if it is a "given" that BRK is going to drop in value. Things can and do change. FWIW I think that $500+ for the B's is right around the corner.
