People often critize me for the importance I put on things like Book Value and Earnings. Many on this board love to point out Warren buffets investments. Here is an article about why he is dumping a large long-term holdings.
He is dumping stocks with high ratios between book and market cap
Lynas's is 3.24
Instead, he recommends focusing on its price-to-book value ratio, which totaled 1.66 as of Oct. 21, up from the five-year average of 1.39. Book value equals a company's assets minus liabilities.
Warren Buffett is selling one of the world's biggest companies
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Last
$10.47 |
Change
-0.270(2.51%) |
Mkt cap ! $9.794B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.66 | $10.41 | $55.61M | 5.303M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3850 | $10.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.48 | 20895 | 3 |
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| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |