Subject: Re: Berkshire Tax Titan v Mag 7 Minnows
" It is comforting to look at taxes paid or accrued. Companies don’t generally like paying taxes, so the tax numbers are usually not overstated. It can be a red flag if a company is reporting PBT but low taxes. Berkshire is certainly paying a lot of tax and that tells us they are making a lot of real money."


Sorry partner, this tells us that Buffett took huge gains on our holdings and turned unrealized gains into taxable events. So far, those sales look less than optimal, to be kind.