Did you watch the CNN Money interview with the author of Dr. Mr. B? You see Buffet flanked by huge burly minders whispering into their comm gadgets. So much for the image of a grandfatherly old sort who only invests in stuff he understands. And, people pay $100k and upto 2m to have lunch with him, bidding on Ebay.
Can BRK-A get to 74k again? You bet. Where will it settle? Considering nothing is immune to a depression, I think it should shed 80% of its peak value just like everything else. We know that BRK is a laggard, not a leader. So it'll be slower to decline than other tickers, but it'll get to about 30k eventually before people will buy again at the start of the next uptrend. Is it worth more? That's a pointless question. What something is worth is based on which way its value is going to move. And value is based on what people are going to pay for it in the future.
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