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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: jetjockey787   😊 😞
Number: of 12536 
Subject: Re: How high will this thing go?
Date: 08/27/2024 1:48 PM
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The media really needs the shares to trade to $464 so they can release their articles on the Trillion dollar club's newest member.

On CNBC Judge Wapner went around the table for their final picks, and Josh Brown yelled, “Berkshire Hathaway, all time high!” There’s your latest talking head cheerleader adding to the public momentum, so we may well see that price in the next day or so. Let’s get ready to breakout a bottle of Château Margaux 1937!

Using current book $279.20 multiplied by 1.74 the price could reach $485.81.

Pulling forward a bit, at the end of September, would a fair BV be approximately 286 and change? At today’s price of $461.61, as I write, P/BV would be about 1.61 or so? Eh…not too nosebleed yet.
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