Warren Buffett's Calculation Of Berkshire Hathaway Stock ReturnGuest Post
Why Does Warren Buffett Calculate His Return Based On The Book Value Of Berkshire Hathaway's Stock Rather Than The Market Value? by S&C Messina
I would point to a few reasons.
- One is that insurance companies trade relative to their book value on a price to book or P/B basis. With a lot of the book value of Berkshire coming from . . .
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