Subject: Re: 200 Days of SPY vs BRK
Lately my list of tickers has typically been a sea of green, except for one.
Today it's the other way around. Flight to safety, I expect (from the talking heads).
Still, I'd rather we have a brief dive down to $420.

FWIW (not much), my 3Q 5-groves and look-through were both about $445.
Berkshire is more often than not cheaper than this 5-groves estimate.

	5-groves	Year End Price
2012	 $106.25 	 $89.37 
2013	 $128.79 	 $111.00 
2014	 $143.06 	 $150.00 
2015	 $148.61 	 $132.00 
2016	 $167.27 	 $163.83 
2017	 $195.88 	 $202.00 
2018	 $225.52 	 $195.20 
2019	 $259.25 	 $226.50 
2020	 $279.29 	 $231.87 
2021	 $347.25 	 $299.00 
2022	 $365.78 	 $308.90 
2023	 $375.70 	 $356.66 
2024	 $416.58 	 $453.28 
2025	 $446.00 	 $502.65