Omaha’s other STAR: Why doesn’t Wally Weitz get as much ink as Warren Buffett?
My idea is to figure out how much money an owner could take out of the business if he wanted to," says Weitz. He estimates what that will be over the
next few years and uses that figure to judge the value of a company. He buys a stock only when it sells at a discount to his estimate of the ompanys worth.