Do Berkshire-Hathaway Shares have a Buffet Premium?

[Ray Zee]

if there is a buffet premium which i think so, then when he goes or retires the stock will go down. but it will go down to its true value and that makes it fairly valued so it does not become a good buy. the time it may be a good buy will be maybe the day or two after he dies and it drops below that price. before it settles on its true value.
or you can short it upon suspecting he is on his last leg.
personally i dont like holding anything that is priced artificially high.
except of course beanie babies or x boxes.

[buffett]

So, if (a) you don't like Tilson's 'investments + 12x EBT' valuation or the other 2 methods he presents, and (b) you don't think slide 11 of his presentation (above) is a relevant way to think about BRK's value, .....how do you value BRK, and what value do you come up with?

[Tzak]

Not that I follow him at all,but isn't his whole idea is let companies like Gilette and Coke rum themselves.