Legg Mason's Robert Hagstrom Makes Case That Berkshire Hathaway Is Undervalued

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Mar 27, 2012
"I think Berkshire is undervalued and I think it's going to do extremely well as it grows," says Robert Hagstrom, senior vice president and a portfolio manager at Legg Mason Funds Management. He notes that the company is trading near book value and the market is incorrectly factoring in no chance for growth. He also talks about Buffett's recent versus long-term investing track record: