BRK.A

Warren Buffett Bought Lubrizol on the Cheap

Monday’s announcement that Berkshire Hathaway (BRK.A) is purchasing Lubrizol (LZ) for $135 a share is just one more example that Warren Buffett is the consummate value investor. Even after paying a $30 premium over the $105 closing price on Friday, we believe that Berkshire Hathaway is purchasing this specialty chemical company at a discount to …