Sentences with phrase «unlevered stock»

Those are unlevered stock returns (remember, bonds and other lower producing assets made up part of Berkshire's asset base which lowered returns on assets).

Not exact matches

Also, they liked Aeropostale's valuation — the stock was then in the mid 20's — because they thought it gave no credit for Aeropostale's growth prospects and that the company's unlevered balance sheet provided an attractive target to leveraged buyout firms.

In order to really make the comparison you are talking about, you'd have to look at the unlevered returns of the BRK stock portfolio compared to Disney.

All in all, I considered the float aspect, but I'm pretty confident that on an apples to apples comparison (stock portfolio), Buffett did better than 18 % unlevered returns in those years.