Subject: Re: BRK experts in denial
I'd like to offer one observation: In recent years, Berkshire's share price has moved more or less parallel to that of Munich Re (the world's largest reinsurer).
Could it be that the market views Berkshire primarily as an insurance company and values ​​it accordingly? That the current valuation has less to do with Berkshire as an individual company and more to do with optimism for the reinsurance sector?