Subject: Re: 50 Years of Thinking Differently
He reiterated that Apple is "better than any business" Berkshire owns outright and remains the firm's largest single investment.

I own Apple so it always makes me feel good when Buffett reiterates Apple is better than any other business they own.

But yeah, the valuation gives me pause.

The price today is about $260. With ttm eps of 7.91 the pe is 33.

I bought Apple for the first time in 2008 at a pe of 27, and then continued buying over the following years as the valuation got better. My best (and last) purchases were at pe of 10 in 2013 and 10 in 2016.

So like Buffett I'm not looking to add Apple at a pe in the 30s.