Subject: Re: BRK, the VL is out, if you can read it.
paying a low multiple of pretty-darned-sure future earnings

"Multiple" of "earnings"? That's 20eth century talk.
People making real money in the last 15 years are the ones gambling in "assets" with zero cash flows and some indeterminate high terminal "value".
Sorry for all the quotation marks, but the bitcoiners, memecouners, meme stock guys are the retail "investors" (quotes again) who have made real money.
Next tier is those who invested in large cap US growth stocks at nosebleed valuations 5-10-15-20 years ago.
Value investors calculating multiples and earnings are beginning to resemble madhouse residents mumbling to themselves about the real reality and how the rest of the world has gone mad, not they.