Berkshire Hathaway Inc (BRK.B)

[Prudent Capitalist]

Settle down. BRK carries a lot of its assets as an artificially low book value. The intrinsic value of the overall company and its vast holdings is far greater than the current share price, and that is in part why Buffett and Combs and Weschler are agreed on buying back shares at a multiple above book value. Many stocks, including banks, trade above book value and at multiples of book value. As for your concern over what happens when Warren and Charlie are gone, Buffett brought in 2 of the best investment minds in the business years ago, and Ted Weschler and Todd Combs are already managing large portions of the investment portfolio., and, Ajit Jain and Greg Abel are each now in charge of portions of the operating businesses, and either of them could step in as CEO immediately if need be.