Post #10058 by YoungandOld on the Berkshire Hathaway board

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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Though they may (or may not) be cheaper than usual, it's likely that the comment would be primarily along the line that they are the cheapest they have been relative to the valuation level of large caps. That changes the implied optimal investment strategy.

Are you saying they aren't cheaper than usual? How does it change the implied optimal strategy?

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