Berkshire currently trades at a price-to-book (P/B) ratio of 1.6, which is high by historical standards. For a while, Buffett would repurchase shares only when the stock was trading below 1.1 times ...
In his letter to investors last year, BerkshireHathaway Chairman WarrenBuffett urged readers to come “inhale the air, drink the water” and attend the company’s annual shareholder meeting ...