Berkshire Hathaway ended February at its highest monthly forward price-to-book ratio since 2008.
After having not bought back any stock in back-to-back quarters.
And when you consider cash is ~30% of that book, that’s saying something. https://sherwood.news/markets/berkshire-hathaway-has-gotten-really-expensive-by-buying-value-stocks-and/
After having not bought back any stock in back-to-back quarters.
And when you consider cash is ~30% of that book, that’s saying something. https://sherwood.news/markets/berkshire-hathaway-has-gotten-really-expensive-by-buying-value-stocks-and/
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