Example of An Investment at Fire Sale Price

If only we could find investments these days like this one Warren Buffet found with NAFI back in 1951. With so much financial information at everyone's fingertips today I think it makes opportunities like this a thing of the past - or at least the easy ones.

Earnings Per Share $29.02, Book value (liquidation value) per share $135.83 and the company's shares were trading around $23.50-$25 per share. I'm drooling....

Also Berkshire Hathaway Inc released Warren Buffet's 2009 Annual Letter to Shareholders recently. As always, a very valuable read from a very wise investor.

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