Your statement implies that markets are perfectly efficient and...

Your statement implies that markets are perfectly efficient and the shareprice captures all available information and is a correct representation of the value of underlying assets at all times.

As we all know that is not the case - markets are only semi-efficient.

My investment thesis is that BRK is undervalued and eventually the true value will be realised. That view is based on the fact that micro caps tend to be less well researched. This lack of information, or an inconsistent interpretation of information among investors, can create mis-priced investment opportunities that can be identified and exploited by investors.

That is not your and some other HC posters thesis which is fine - takes all sorts to make a market. However I would back my research over a view of an anonymous poster any day of the week.

These posts are amusing though and good fun for a slow Friday afternoon - keep up the good work.