Value is in the eye of the beholder, even when valuing value investors. Warren Buffett's Berkshire Hathaway can now be had for 1.18 times book value, which – depending on how one looks at it – is cheap or expensive.
价值取决于旁观者，即使在评估价值投资者时也是如此。如今，1.18倍的市帐率就可以得到沃伦•巴菲特(Warren Buffett)旗下的伯克希尔-哈撒韦(Berkshire Hathaway)，这个价格是贵还是便宜，取决于人们如何来看。
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