From UndervaluedSecurities.com :
Berkshire Hathaway (BRK.A and BRK.B. We invested in BRK.B) has been depressed lately due to poor earning release and also declining value in several of its investment holding (e.g. Moody's comes into mind). However, Berkshire Hathaway's balance sheet and cash flow are stellar and growing. We believe Warren Buffett, 77, is savvy businessman/investor that will keep expanding his business operations and investments in areas that will benefit his long-term oriented shareholders. Buffett is now travelling to Europe to woo family businesses to sell their companies to Berkshire Hathaway. He is tireless and focus on expanding his shareholders wealth (it doesn't hurt that he and Charlie Munger, his sidekick, has 99% of their net-worth in Berkshire Hathaway). Our target price for BRK.B: $5,500 / share by end of 2008.
$123450.0 (05/22/08)
