Salient to Investors:

Warren Buffett said that book value is the best available proxy for intrinsic value.

Meyer Shields at Stifel Nicolaus said book value is a number you can hold on to and a reasonable depiction of company worth.

Tom Lewandowski at Edward Jones said it’s harder to move the needle when you’re a $180 billion book value, $210 billion market-cap company as there aren’t as many great investments that can be found.

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