Subject: Re: Brk, another opinion from SA,
BRK.B's excessive cash position limits its ability to capitalize on smaller opportunities

Odd comment. Berkshire's size means smaller opportunities don't move the needle. Not anything to do with how much cash they have. And anyway, as Jim points out, the cash should be thought of as part of the fixed income allocation. A very substantial part of it will never be used to buy equities or businesses.

Agree with this:
BRK.B is rated a hold, with solid underlying businesses but no clear catalyst for outperformance at current prices.

I'd rather be in Berkshire than S&P500, but I've been telling myself that for a long time.

15 years:
https://stockcharts.com/freech...