1 page, case 1 Warren E. Buffet, 2015(page 64)
- Did Buffett pay a fair price for a great business? If so, what determines a fair price?
- How is required rate of return related to determining a fair price?
- How did Berkshire Hathaway’s offer measure up against the company’s valuation implied by the multiples for comparable firms?
- In comparing accounting ratios year over year, are we ignoring time value of money? Explain