Buffett’s Berkshire Hathaway overvalued: Barron’s
Labels: Berkshire Hathaway, Warren Buffett Posted by Admin on Sunday, December 16, 2007 at 10:45 PM
Berkshire Hathaway Inc (BRKa.N), the conglomerate built by billionaire investor Warren Buffett, could be overvalued, Barron’s reported on Sunday.
Barron’s estimates that Berkshire is worth about $130,000 a share, about 10 percent below the current level.
Because of its high price relative to its book value and earnings, Berkshire shares could be “dead money for at least a year,” the investor weekly said.