Warren Buffett ... According to Kelley Blue Book, most new vehicles have a 20% drop in value in the first year. So instead of buying a new car, Buffett prefers to buy used vehicles at reduced ...
Berkshire currently trades at a price-to-book (P/B) ratio of 1.6, which is high by historical standards. For a while, Buffett would repurchase shares only when the stock was trading below 1.1 times ...