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Berkshire Hathaway Inc. Message Board

  • jad1148 jad1148 May 3, 2014 10:33 PM Flag

    hc - you got your answer today!

    « Buffett: Charlie and I could get within 5% of each other estimating Berkshire's intrinsic value, but we probably wouldn't be within 1% of each other -- intrinsic value is inherently uncertain. »

    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.

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216,298.00-677.00(-0.31%)Jul 1 4:00 PMEDT