At the present BERK is trading approx. 1X book value, when the average regional bank is trading at 2X BV in my opinion by design of managment by keeping it the best kept secret of wall st. with a low profile no releases to the press or to the shareholders only once a year as required at the minimum by law.
I dont understand the reason and i welcome your comment.
please read the following article and tell me if there is no simmilarities to the mentioned banks. This article appeared in the motley fool on Monday