Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: ORA100 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 214646  
Subject: Two Column/Rationalwalk Date: 10/9/2012 2:10 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
In a recent thread-Questions about Berkshire I read the post by Rationalwalk dated 8/6/2012 about the Two Column approach valueing Berkshire.Cash and consolidated investments at 6/30/2012 were $166,891 million (excluding the railroad and Utility and financial products groups). When I am doing my Two Column valuation I include some of the assets in two groups. I include 1)Cash in Railroad and Utility Group $2,598 million 2)Investments in Equity Securities in other section of Rail and Utility Group $424 million 3)Cash in Finance Group $1,251 million 4)Fixed Maturity investments in Finance Group $923 million 5)Other Investments in Finance Group $4,388 million 6) Investments in Equity Securities in Other Section of the Finance Group $522 million.

My total for Cash and consolidated investments at 6/30/2012 was $176,997 million which is $10,106 million more Rationalwalk's total. With 1,651,922 shares outstanding as of 6/30/2012 my calculation increases the cash and consolidated investments by $6,118 per share.

What is the rational for not including the 6 additional assets when valueing the cash and consolidated investments column? I believe that Tilson includes these in his Two Column estimate.

Thanks, Doug
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement