|
Post by roy on May 1, 2016 17:41:44 GMT -5
|
|
|
Post by roy on Apr 16, 2016 20:54:16 GMT -5
But since outstanding shares do not grow, per-share growth explodes. Per-share earnings have compounded at 28% for the past five years and 24% for the past ten years. .....just follow the cash. $101B since 2011. And earnings remain understated to GAAP, as the Semper analysis had it, by about $ 5B currently. It doesn't get better than this. www.gurufocus.com/news/407278/david-rolfes-lengthy-analysis-of-berkshire-hathaway
|
|
|
Post by roy on Apr 9, 2016 8:21:11 GMT -5
|
|
|
Post by roy on Mar 1, 2016 12:03:02 GMT -5
|
|
|
Post by roy on Feb 27, 2016 17:48:33 GMT -5
|
|
|
Post by roy on Feb 27, 2016 16:53:32 GMT -5
|
|
|
Post by roy on Feb 27, 2016 16:40:49 GMT -5
Book value per B share @ 103.68
Valaution: Here is an update of the two quantitative factors: In 2015 our per-share cash and investments increased 8.3% to $159,794 (with our Kraft Heinz shares stated at market value), and earnings from our many businesses – including insurance underwriting income – increased 2.1% to $12,304 per share. We exclude in the second factor the dividends and interest from the investments we hold because including them would produce a double-counting of value. In arriving at our earnings figure, we deduct all corporate overhead, interest, depreciation, amortization and minority interests. Income taxes, though, are not deducted. That is, the earnings are pre-tax.
Adding the two up one can get: 282,834 - multiple of 10 307,444 - multiple of 12
|
|
|
Post by roy on Nov 7, 2015 8:12:12 GMT -5
|
|
|
Post by roy on Oct 11, 2015 22:57:30 GMT -5
|
|
|
Post by roy on Oct 11, 2015 14:58:50 GMT -5
|
|
|
Post by roy on Oct 5, 2015 0:23:01 GMT -5
|
|
|
Post by roy on Oct 3, 2015 17:53:48 GMT -5
|
|
|
Post by roy on Sept 27, 2015 23:34:26 GMT -5
|
|
|
Post by roy on Sept 20, 2015 12:33:53 GMT -5
|
|
|
Post by roy on Aug 1, 2015 23:59:22 GMT -5
FRFHF, the Canadian insurer reported earnings in the past week - it posted a loss. The losses are primarily due to mark to market losses in bond portfolio and also losses due to hedging. The insurance subs are looking good in a benign environment. The P/B ratio is at 1.25. This should be attractive at closer to book value. finance.yahoo.com/news/fairfax-financial-holdings-posts-2q-222153874.html
|
|