When Will Biglari Holdings Inc (BH)’s Price Catch Up To Its Value?

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This is a weak thesis, I agree. The facts that the stock is literally pricey (not valuation wise), that people may not like Sardar Biglari, and that not enough people know what Biglari Holdings Inc (NYSE:BH) is just aren’t enough to warrant the big difference between the intrinsic value of the company and its market equivalent.

Perhaps when Biglari Holdings Inc (NYSE:BH) monetizes the Cracker Barrel position, the market will have no choice but to correct its large discount to Steak ‘n Shake’s operations. Until then, Biglari shares are on sale.

The article When Will Biglari Price Catch Up to Value? originally appeared on Fool.com.

Fool contributor Michael Lewis has no position in any stocks mentioned. The Motley Fool recommends Cracker Barrel Old Country Store (NASDAQ:CBRL).

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