Case-Study-So-What-is-It-Worth Buffett finally seeks an assistant to help him find and value companies. You meet him at a diner in Omaha. He slips you the above financials, then he asks you to comment. Please take no more than 20 to 30 minutes. Is this a good business? Why or why not? So what do YOU think it’s worth? Should Buffett buy this Wall Street darling (at the time?). Show your back of napkin calculations and don’t spill any coffee.
The “Solution/Analysis” will be posted Friday-here.
Some people in the Deep Value course are nodding off. Try the quiz to sharpen your thinking. If you don’t come close, you will have to meet:
I appreciate the spirit of the emails. Ben Graham was a serial womanizer (http://www.amazon.com/dp/0140255346/ref=rdr_ext_tmb), and Buffett remained married while living for years with another woman in Omaha. Of all the shareholder meetings in Omaha why hasn’t someone grabbed the mike and asked Mr. Buffett, “Please tell me how you have managed to have your wife and girlfriends get along so well?” I consider Mr. Buffett’s arrangement a far greater accomplishment than his investing results and philanthropic endeavors.