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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch ✹✺🐝 SILVER
SHREWD   😊 😞
Number: of 22353 
Subject: Re: How high will this thing go?
Date: 08/27/24 1:30 PM
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No. of Recommendations: 15
The highest I remember it went was 2.6 BV back in 2007

Not quite...highest since Feb 2004 has been 1.93 times known book, using daily close.

Yeah, I remember that 2007 spike. It lasted for about ten minutes, right after people thought "we should move to safety" but right before they though "oh poop I need cash NOW".
(the ten minutes is figurative, it closed above 1.9 times book for 5 trading days in early December 2007)

The current move is shaping up to be somewhat memorable.

Jim
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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