Subject: Re: Brkb, fair value 550 in his opinion,
“According to consensus estimates, Berkshire's FY2024 EPS is projected at $19.73. I think that this forecast is highly reliable because we have only one reportable quarter left in 2024. Multiplying this forecasted EPS ($19.73) by the S&P 500 P/E ratio of 27.87 gives me a fair share price for BRK.B at around $550.”

Oh boy. Yeah, err, no.