Subject: meaningless predictions
I like playing with numbers. We all have vices.

Apple's earnings per share and valuation multiples seem to have a gentle cycle. The earnings peak, then the P/E troughs, then the earnings pick up, then the multiples peak, then the price peaks, then it all starts over again.
Eyeballing the pattern from the last three cycles, a wild speculation: peak P/E based on trailing earnings might peak around May and, with an upswing in EPS underway, absolute price might peak around year end.
Place no weight on this forecast, it's just for fun.

One year price forecasts are a silly game, but here goes: Berkshire B shares might end the year in the vicinity of $390.
I spent a few minutes estimating that just to get a handle of which covered calls might be a particularly dumb idea.
I hope to be pleasantly surprised, but that's my number of the day.

Jim