Subject: Re: Berkshire Hathaway Stock Price
The stock has run up 13% in the past six months, and it seemed unlikely that it could keep that pace for the next 18 months.

So the stock is pretty close to an all time high. In the last 926 times this has occurred since 1980, the forward 6 month return average is 12% and 1 year 26%. Of course averages cover a lot of sins as the last time it hit an all time high the 6 month return was -25% and the one year return -15% :>(

Craig