Is Berkshire Hathaway Now a Bargain?

After trashing Berkshire Hathaway (BRK.A) (BRK.B) just six months ago (in December), Barron's is now making a case for its purchase with an article this weekend entitled "Cheap Stock?"

To the magazine's credit, the stock has sold off since December. This comes after an article a few weeks ago entitled "The Next Buffett," which discussed how David Sokol, the chairman of MidAmerican Energy (a Berkshire unit), is now the most likely successor to Buffett to be CEO of Berkshire - and more importantly, how he is probably ready for the job. Not wanting to flip-flop too much, or at least to provide some balance, this week's issue also has an interview with Doug Kass, the popular short-selling hedge fund manager, who is still bearish on Berkshire stock, and has reiterated this view for readers.