September 26, 2022
Additional investment activity and an increment in share repurchase activity will provide help for Berkshire’s earning per share.
Berkshire now does business for 1.25 times for his projected , below its average of nearly 1.4 times over the past five years.
Berkshire is getting benefits from higher short rates, which are boost the interest income
Buffett, has been buying stocks in 2022, including purchases of Occidental Petroleum (OXY) and Chevron (CVX)
Despite a market value of $614 billion, which is sixth in the stock market of the world.
Shares of Berkshire repurchases have slowed this year, which show the lack of interest of investors.
Berkshire stock is beating the S&P 500 this year as the Class A shares are down 6.8% against a negative total return of 18% for the index.