4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP346: Masterclass in Valuation w/ Chris Bloomstran

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Berkshire's Acquisition of BH Energy

Berkshire Hathaway's energy business is worth between 60 and 65, maybe $70 billion. If it traded like one of their competitors, say a Duke or a Southern, an excellent example because they've been struggling with some of their non-regulated businesses. My valuation on the railroad has the rail trading at 17 times what I would call normalized net income.

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