From Barron's...

"The stock now trades for 1.7 times its June 30 book value of around $419,000 per Class A share and for 24 times the earnings per share expected for 2024.
The price-to-book ratio is close to the highest it has been over the past 10 years and above the average of about 1.4 times for the past five years.
The price/earnings ratio is also above its 10-year average."

"While investors have been buying Berkshire, Buffett appears to be lukewarm on the stock. Berkshire repurchased just $345 million of stock in the second quarter,
down from about $2.6 billion in the first quarter. It was the lowest quarterly total in more than five years and a fraction of the peak level of $27 billion seen in 2021."

"Berkshire has topped the S&P 500 over the past one, five, 10, and 20 years."

https://www.marketwatch.com/articles/berkshire-hat...

Berkshire Hathaway FAQ

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