Looks like we broke through the 52-week low.
(And I’m making sure I can still post…)
(Edit…and edit)
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You can still post! Welcome to the new forum. Don’t miss the overview video
As for a 52 week low…BOO!
(and yes, you can edit - it’s under the three dots next to reply and looks like a pencil
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As for a 52 week low…BOO!
I don’t know. Makes for a nice entry point. Started a holding here.
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That it does…now, if it could just hold that until Thursday so I could buy more (pesky trading rules)
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We be scraping along the bottom again today…until the bottom falls out, that is.
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PBV 1.25x , per Barchart.com (a very useful site).
Historical normal range 1.2 - 1.5x (ish)
Historical extreme range 0.9 - 1.65x (ish)
I think we’re in extreme times so I’m hoping to see 1.2x.
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I think that’s very likely.
Looks like Q3 book value will be a little lower than Q2.
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Could you expand on that please?
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I don’t think so, I have instantaneous BV at $214.
BTW, I don’t like the new format. I hope we don’t loose some of our favorite contributors!
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It’s likely that the stock portfolio will be down a few %.
How do you get to $214?
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I have the stock portfolio up a bit mostly due to apple.
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Yes, you are correct.
I get the top 6 holdings up about $10bn since June 30. That agree with yours?
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My estimate for the portfolio is up 2.5bn. Add to that operating profits of ~7bn for a total gain of 9.5bn.
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Apparently Mr. Market took offence to us spiking the football on a Q3 portfolio gain before time had expired.
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This recent quick drop in Apple is very interesting. As well as affecting BRK’s end of quarter book calculation, it seems to have broken the spirit of a lot of bulls on the millenial/zoomer forums I follow. I had been beginning to wonder what it would take.
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