To the extent possible, we would like each Berkshire shareholder - TopicsExpress



          

To the extent possible, we would like each Berkshire shareholder to record a gain or loss in market value during his period of ownership that is proportional to the gain or loss in per-share intrinsic value recorded by the company during that holding period. For this to come about, the relationship between the intrinsic value and the market price of a Berkshire share would need to remain constant, and by our preferences at I-to-l. As that implies, we would rather see Berkshires stock price at a fair level than a high level. ~Warren Buffett
Posted on: Fri, 26 Sep 2014 02:40:45 +0000

Trending Topics



Recently Viewed Topics




© 2015