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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: newfydog   😊 😞
Number: of 15062 
Subject: Re: About that Berkshire
Date: 05/23/2024 1:56 AM
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The bottom line is that while sales/ profit expansion can continue at something resembling the current rate, multiple expansion is finite. It may be long term but it can’t go on forever. BRK and the S&P are different animals. Perhaps if the long term returns were not coincidentally so close more people would recognize that.

It doesn’t help that WEB often compares two.
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