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"I'm not sure where people are getting this 95 cent dollar implication from."

Right from the Annual Letter unfortunately . I believe it was an illustrative comment.


I asked the below question for the #askwarren segment for WEB's 3 hour CNBC interview tomorrow.



@SquawkCNBC
"Consequently, neither of us feels any urgency to buy an estimated $1 of value for a very real 95 cents." #askwarren - does this mean intrinsic value is only 5% higher than the repurchases?
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