Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2017-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Is Book Value Per Share Still Relevant?

Berkshire Hathaway's Warren Buffett answers your questions in a Q&A session. The first question is on Berkshire's intrinsic value and the second asks about its book value per share. A substantial portion of the company's value is driven by operating businesses rather than the performance of the securities portfolio, he says. "We got very lucky actually because our business was so lousy that we recognized it"

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