Subject: Re: BRK, the VL is out, if you can read it.
People always overpay for growth (on average), it's like a law of investing thermodynamics.

Exactly what Ben Graham said.
The thing is, I don't have many decades or even one century to invest and reap the rewards. "Forty Seasons" or whatever the fat Buffett Jr said. If people KEEP overpaying for growth, then I will overpay when I buy but also get overpaid when I sell.

As for BRK, P/B is too high, so last 10 years is definitely not going to be the next 10 years.
Also, in the last 10 years, ARKW, or 1/2 each ARKW+ARKK beat Berkshire. Only ARKG was a stinker. Which you could get out of, it's not like investors are married to Cathie Woods ETFs the way they are to BRK.