No. of Recommendations: 3
I would imagine the earnings revision/hit to BRK op businesses (Insurance, Rails, Energy) would be less than the likely earnings revisions (which seem yet to be adequately revised)of the S&P (28% tech) and Nasdaq (50% tech) corporations with the Fed's 'higher for longer rates' and a potential not so soft landing/recession. Nice to know that our cash/ equivalents are far from trash as we patiently wait to allocate.
Btw, it may only be wishful thinking but the A share volume has seemed a bit higher than avg. here recently, but I know that is hard to read into given trading of partial shares nowadays.
