Early Retirement & Financial Independence Community - View Single Post - Warren Buffett interview, Financial Post, February 7, 2008

clifp · 02-09-2008, 06:30 PM

[quote=free4now;613566
Buffet himself has said he likes to keep the market value of BRKB close to the intrinsic value, and there's no way the intrinsic value could have risen as much recently as the market value has.[/quote]

True but the stock was undervalued now it is closer to being fairly valued.
I don't really think it is overvalued, there is stilll a number of penalties built into the stock price.

Warren might die tomorrow and will die soon (the fact this he is likely to spend as much time as CEO of Berkshire as the typical CEO of a Fortune 500 is overlooked)
It is a conglomerate
Even the B shares are too expensive not enough liquidity
Bricks, carpets, candy, jewelry, Dairy Queen etc how old fashion and boring

All that said I actually have a limit sell orders for the first time ever starting at 5K for the Bs and 156,000 for the A.

02-09-2008, 06:30 PM	#5
clifp Thinks s/he gets paid by the post Join Date: Oct 2006 Posts: 3,009	[quote=free4now;613566 Buffet himself has said he likes to keep the market value of BRKB close to the intrinsic value, and there's no way the intrinsic value could have risen as much recently as the market value has.[/quote] True but the stock was undervalued now it is closer to being fairly valued. I don't really think it is overvalued, there is stilll a number of penalties built into the stock price. Warren might die tomorrow and will die soon (the fact this he is likely to spend as much time as CEO of Berkshire as the typical CEO of a Fortune 500 is overlooked) It is a conglomerate Even the B shares are too expensive not enough liquidity Bricks, carpets, candy, jewelry, Dairy Queen etc how old fashion and boring All that said I actually have a limit sell orders for the first time ever starting at 5K for the Bs and 156,000 for the A.