Vijay Singal

Tempting Buffett

Hi Vahan:

Do you have an estimate of BRK.A's intrinsic value? A range will do. If the stock trades at a discount, is it worth owning?

An Interesting Development With India Funds

Thank you, ETNMAN. That partly explains why INP is trading at a premium, while IFN/IIF trade at a discount. Investors in INP are clearly doing the wrong thing. But arbitrageurs can't take advantage of the mispricing because there is no telling when INP will begin trading at its NAV.