No. of Recommendations: 6
One year price forecasts are a silly game, but here goes: Berkshire B shares might end the year in the vicinity of $390.
With 2023 likely to come in as an uncharacteristically poor year for after tax Ops earnings (energy+rail+MSR), what are your thoughts for 2024? Trend would seem to indicate $27B but I had been penciling in getting about half way there to maybe $24B next year. I personally think rail will continue to struggle, energy should get back towards trend as the PacifiCorp issues are resolved, but MSR will likely be flat at best.
My own optimistic outlook was ending 2024 in the $370-$380 range with very wide error bars around that obviously.
Jeff
