Subject: Re: Brk and valuation, another opinion,
I don't see Berkshire particularly highly valued at this price and I think just looking at the PB ratio can be a mit misleading for this.

The price is basically where it was exactly a year ago when the PB ratio was 1.4 due to the higher book per share then.

Yes, I sold some then, also :-)

I'm not just looking at PB ratio:
3Q 5 groves $323
3Q look through $322
3Q Book + float + 1/2 deferred taxes $283

I expect all these will be lower when Q4 numbers are in.

And yes, price to peak book is currently about 1.4. Apple is down 24% since then. Deserved?

Share count reduction to Q3 was 0.77%. Not likely much in Q4.

They definitely invested a lot in 2022. The underlying value is up, no doubt.