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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.
On today’s show, Stig has invited famous investor Chris Bloomstran from Semper Augustus to teach us a masterclass about valuation techniques. It’s no surprise that Chris Bloomstran is heavily followed on Dataroma alongside investors like Warren Buffett and Howard Marks.
IN THIS EPISODE, YOU'LL LEARN:
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