Originally Posted by
Valuegrowth
I looked at Berkshire Hathaway Inc Class A stocks.
Current trading price: around 487,000.00 USD
Traded in 1995: around 17000 USD
Traded in 2000: around 60000 USD
Traded in 2020: around 300,000.00 USD
Line is straight up From 2020 to 2022 and smashed 500,000 USD
Curent PE ratio: 93.52
Good companies have appreciated behind their true business value. As value investors we should find out stocks which are trading below the intrinsic value. It is true Berkshire Hathaway is a great business but it’s extremely over valued for me now.
I believe there could be pull back or correction in this stock. Even if it drops I can only buy very tiny fraction of that company as 100 shares of Berkshire cost lot. Rather better try another strong company. Next decade is belongs to the long-term investor and value investor.