now that we have a market transition valuing BHE at $87 billion, we can see tremendous value concentration in just BHE, BNSF and the Apple position.
Right now with the modest Apple Shares added during the last quarter, the Apple holding is worth $150B
Warren has said that the Apple position is the 3rd most valuable business.
Would be interested in how others are valuing the railroad. $200B?
Berkshire’s current market cap is about $645B.
You forgot INSURANCE
" You forgot INSURANCE"
I didn’t - that is why Apple is the 3rd largest business after the rail and insurance.
My point is even setting the value of insurance aside, the other 3 make up a big piece of the market cap.
Many were surprise by the valuation of BHE.
Would be interested in how others are valuing the railroad. $200B?
I use $94bn.
The first thing to estimate is what the owner earnings might be.
Very much less than the headline earnings, for sure. And the gap is likely to become wider because of the pickup in inflation.
Jim