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DYD B-11
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| I came here to work http://xvideoxxx.in.net/ xvideoscom
WB: The way to look at Berkshire is trying to figure out what our businesses are worth today and whether the money we reinvest will be reinvested reasonably intelligently. I try to give a lot of information in the annual report to enable our shareholders to make a reasonable estimate of what intrinsic value is. If you buy Berkshire at or below its intrinsic business value, I think you'll do reasonably well over time because I think the money we reinvest will be compounded fairly intelligently. Therefore, if you don't overpay going in, you're likely to do OK. It's never going to be the stock of the year. From this size, it cannot compound at a terrific rate of return. It's simply out of the question. I think it can compound at a reasonable rate of return. Q: So Berkshire's last five-year comparison against the S&P isn't a concern? |
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Elisha |
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2019-09-26 11:57:45 |
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