It did not take long for BRKA/B to test the highs after the selloff a couple weeks ago. As soon as the force selling was done it just took off. Now the news? that hurricane season is over, BRKA investment portfolio at an all-time high, and earnings exploding.
Again BRKB easily moves to $3,400 within 10 days of realing EPS. $3,600 by year-end. I think BRKB is easily valued at $4,000 per share ($120K for BRKA shares)
What rot! BRK's worth 150K per A if it's worth a ha' penny! (This British dialect brought to you by that English supermarket BRK's buying. I forget the name of it (of course)).
Notice that BRK's exploding international investments coincide with Old School's honeymoon.
(When Buffett's in front of an audience of college students like on the Google Video in Gator country that he really looks like a better-looking (still trying to get the A share for Fender of course) version of Old School, from the movie)
So, now the honeymoon's a "business trip" that is tax deductible and/or funded by BRK. Buffett's brilliance even extends to his hone-- hold on - is that Charlie with him instead of his new wife?