
2004-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
00:00
Determining Berkshire Hathaway's Intrinsic Value
The speaker explains their methodology for determining the intrinsic value of Berkshire's cash stream, discussing assumptions about earnings, CapEx, depreciation, and growth rates. They highlight the importance of using the present value of cash distributions and acknowledge the challenges of sustaining high earnings gains.
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