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I'm having a great deal of trouble believing that they're doing their calculations independently of each other.
As an aside, it is my belief that if you put twenty koolaiders in a room with nothing more than a pencil, paper, and the "P4-2C" data, they would all get the same wrong answer to six significant figures. Precision is not a guarantee of accuracy.
thanks bud, eventually my questions get answered. now, what happened in dec 2012 that lead buffett to come to the brilliant conclusion that brkb was a buy below 1.2 xs book vs his 2011 limit of 1.1 xs book ? what changed ?
"Berkshire Hathaway has purchased 9,200 of its Class A shares at $131,000 per share from the estate of a long-time shareholder. The Board of Directors authorized this purchase coincident with raising the price limit for repurchases to 120% of book value. Berkshire may purchase additional shares in the market or through direct offerings at no more than 120% of book value."
FYI, at the time, most recently (9/30/2012) reported book value per A share was $111,718.