I think I prefer this valuation
https://hotcopper.com.au/threads/wo...of-brk.4040425/?post_id=31313482#.Wp9O7yhuY2w
"if you use optimistic numbers you get into some very big numbers, (14 bagger)
- land value, 2000 acres @ 20k an acre = 40 million
- income value, 8.5 million using a common PE ratio of 20
= 170 million
total value 210 million MC"
That is about 25c a share.....
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