4th quarter earnings released after market closed today

On first read there seems to be a lot to like

- Earnings up 30% compared to 4th quarter last year. From CFO "driven by strong results on all our key metrics, including a decelerating normalized growth of expenses1 which was below inflation for the fourth quarter when normalized for the estimated impact of the additional week in this quarter"
- 27% increase in dividend
- ROE increased to 24.7%
- $440M share repurchasesin 4th Q. 2B over the full year.
- More acquisitions - stations / stores from Total energy, as well as a large car wash chain

https://www.benzinga.com/pressreleases/23/06/n3303...

Its a top 5 (3%) position for me behind BRK, GOOGL. Have been steadiliy acquiring over the past 3+ years. A steady grower. Now thinking it ought to be larger.

Owe this one to Jim too.

Berkshire Hathaway FAQ

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