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Berkshire Hathaway trading at super buy levels
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Wednesday, July 15, 2009
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From Newsmax:

Warren Buffett is famous for finding precious value stocks. Now his own Berkshire Hathaway may represent a solid value investment.

“Berkshire itself looks appealing, at just 1.2 times our estimate of its current book value of $72,000 a share,” Andrew Bary wrote in Barron’s.

“In the past decade, the stock has traded for an average of 1.6 to 1.7 times book value, a measure of shareholder equity per share. The current price-to-book ratio is near the low reached in early 2000, when Berkshire's stock bottomed at about $40,000.”

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Topics: Warren Buffett | Value Investing | Stocks
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