How to Value Berkshire Investments

People have made a mistake in the past in valuing Berkshire and they have made this mistake over time including many commentators, including some institutions is to look at it as simply a breakup value. I mean you know you can do the same thing with General Electric. It lends itself more to that kind of analysis because we have a lot of money and marketable securities but also other things too. We paid 8.7 million I believe, 8.4, 8.7million for two companies.