Post #11121 by rrr12345 on the Berkshire Hathaway board

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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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"If one thinks that Berkshire's P/B is now falling (after having risen from 1999 to 2022), then one might want to subtract a small amount from the 2025 expectation."

Another correction. Berkshire's P/B fell from 1999 to 2010, and has been rising since. Still, it's almost a given that if P/B falls, then the return will fall.

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