What Is the Intrinsic Value of Berkshire?

Charlie, I have a question which may not be appropriate for the officers of Berkshire to answer but I think I'll ask it anyway. You focused on intrinsic value in your annual report and you suggested that by reviewing the grade pages in the back that one could come up with a value of intrinsic value for Berkshire. Do you consider the price of Berkshire at this level to be fair? Charlie Buffett: "I always say that I don't want to spoil the fun for those of you who are working out the intrinsic value"