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<< "I would be eager to read an assessment of why Berkshire is fairly valued at the current quote.>>

mornin, let me splain it to you so that even Lucy will get it. IN 2011 buffett said he wouldn't buy one share of brkb above 1.1 xs book, comprende ? Are you really that slow ? Ask rational where he thinks brkb would be trading today if the limit was 1.3 xs book and IF he had bought back some stock in the past two years ? Would brkb be trading higher or lower, today ? Even with a PHD from brkville U, even you should be able to figure this out, over time. Good luck.
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