Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 6

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

Yes I know that and mentioned that in my post. I didn't take that line to have any reference to the current price at all and am surprised people interpreted it in that way.

As explained it would make no sense to invite people to contact them to sell directly if the discount was just 5% to an imprecisely determinable intrinsic value.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.