As much as Charlie and I talk about intrinsic business value, we cannot tell you precisely what that number is for Berkshire shares (or, for that matter, any other stock).

from Warren Buffett – Letter To Shareholders 2012 on Rap Genius

Meaning

Valuing companies is as much of an art as a science and there is no formula that can accurately be used to measure the exact value of a business.

Even Buffett, the grandmaster at valuing businesses, can’t provide exact figures.

To help improve the meaning of these lyrics, visit “Letter To Shareholders 2012” by Warren Buffett and leave a comment on the lyrics box