Subject: Back to Berkshire...
Back to Berkshire...
My newsfeed barfed up a link to an investment article: "Berkshire Hathaway: Nothing Lasts Forever"

Summary:
* In my opinion, Berkshire Hathaway, despite its phenomenal performance over the past few decades, will face a period of stagnation at best over the next few years.

*Buffett's AAPL position has gotten so large that BRK's portfolio is, roughly speaking, trapped in his most successful investment.

* Apart from the investment in Apple over the last ten years, BRK would actually be a very poor investment compared to the general market.

* My target price for BRK.B is at $361.3 - around 13.45% below today's share price.
I believe it makes no sense to buy BRK until its valuation in terms of P/E ratio falls into the low teens.*

Cute graphic, a bunch of hot-air balloons stuck up against a thick metal ceiling, with blue sky above.

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* But the current P/E is 12.24, so it's already in the low teens.