If only we could find investments these days like this one Warren Buffet found with NAFI back in 1951. With so much financial information at everyone’s fingertips today I think it makes opportunities like this a thing of the past – or at least the easy ones.
Earnings Per Share $29.02, Book value (liquidation value) per share $135.83 and the company’s shares were trading around $23.50-$25 per share. I’m drooling….
Also Berkshire Hathaway Inc released Warren Buffet’s 2009 Annual Letter to Shareholders recently. As always, a very valuable read from a very wise investor.
