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No. of Recommendations: 23
In 2000 Berkshire acquired Benjamin Moore for $1B
At that time Sherwin Williams market cap was $3.3B
Today Sherwin William's market cap has grown to $53B (~16x)

Using the same multiple (assuming similar growth), is Benjamin Moore worth around $16B ?
In 2009, Berkshire acquired BNSF for $44B
At that time CSX market cap was $18B
Today the market cap is $61.5B (~3.4x)

Using the same multiple (assuming similar growth), is BNSF worth $150B.

This pattern is repeated e.g. Geico -> Progressive market cap (~48B)

On the other hand Mr. Market is saying the equities that BRK holds are valued at $248B

Crudely arithmetic with only these 4 components: BNSF+Benjamin+Geico+Equities=$462B.

Now add cash and rinse and repeat with each company under the umbrella to this.

The fact is that the businesses is doing terrific but WEB is lowballing this.
There is too much over engineering of PBV, 4 column, 5 Groves etc.
I would say wild guess BRK is closer to being worth $1T.

WEB has built a rocket ship that is better, faster, tougher and can withstand huge disasters and demolish the competition.
He is riding it like a bicycle.

bearmarketbully is right.

I am happy since I am accumulating so I prefer the price to be low
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