thannagan

Down 45%, Buffett and Berkshire Hathaway Are On Sale

How about an historic chart of price/tnagible book? (More numbers might help.)

Buffett and the Limits to 'Awaiting Better Times'

Also, I've heard Buffet say that he doesn't look at it as buying stocks, he looks at it as buying the business. He's said that he wouldn't even care if the stock market closed for a year or two, because he likes the businesses behind his stocks and that they'd survive just fine. They're on sale now, even if the sale is better in a month or two. So what, no one's timing is perfect.