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No. of Recommendations: 10
I expect the book value at the end of this quarter in a few days to be around $151 per B share.

As a quick check I expect :
- An increase of about $18bn in the equity portfolio- just over 10% helped by the runup in Apple and a general market rise.
- Q1 post-tax operating earnings of 5.7bn including a normal insurance underwriting quarter.

I expect any additional effect of buybacks to be minimal since there had been only $14m of buybacks by the 14th of Feb per 10-K.

Based on that the price of $200 odd is about 1.32 which has historically been a good entry point.
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