400B market cap
- 90B cash + bond
- 130B stocks
- 30B unrealized capital gain other than stock
------------------------
= 230B price tag for the rest of assets like BNSF and GEICO(which produces
22B net operating income or 35B free cash or 220B revenue annually!)
Future investment incomes beyond 30B unrealized capital gain are not
included
If I only have 100B dollar, I will use x4 margin to buy the whole company!
