Video: Buffett’s Berkshire is still a bargain


In today’s video, industrials editor and analyst Brendan Byrnes discusses Berkshire Hathaway‘s (NYSE: BRK-A) (NYSE: BRK-B) recent quarter.

Though many of the headlines pointed to a decline in earnings, that wasn’t the case once investors take a look at operating profit, which rose 37%. GAAP earnings were skewed by a big one-time gain last year, along with paper losses that Berkshire had to take on derivatives.

Overall, Berkshire posted a solid quarter, and the stock remains incredibly cheap, trading just above the 1.1 times book “floor” that Warren Buffett has effectively placed on the stock with his promise of buybacks at that level. Check out the video below for more on Berkshire’s quarter and how Brendan views it as an investment.

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The Motley Fools purpose is to help the world invest, better. Take Stock is The Motley Fool’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. Click here now to request your free subscription, whilst it’s still available. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

A version of this article, written by Brendan Byrnes, originally appeared on fool.com

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