And it really pounded the table. And sure enough, tech stocks completely blew up. Cathie Wood and her Ark investment fund went down 80% and The S and P was flat and Berkshire was up 50% from there. So today I don't think Berkshire is sold off quite like that. I peg it today at about a 14% discount to intrinsic value. (52:08–52:13)
CLAIM
Asserts that the S&P 500 was flat while Berkshire increased by 50%.
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