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Capital Employed's avatar

Great write-up guys, enjoyed reading it.

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Mar 5, 2025
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Brett Schafer's avatar

Fair point. We are trying to make a clickable title, but I think this company is more like Berkshire Hathaway than not. They are a conglomerate with a single directional head at the top with a long track record of success without associating with Wall Street. Oh, and they are from Nebraska. Sure they don't have float but that is only one part of the Berkshire business (I get that it is important).

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Mar 5, 2025Edited
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Brett Schafer's avatar

I think P/E is misleading at the moment. Look at SOTP and book value. Financials division is definitely trading below book value at the moment