Berkshire Hathaway (BRK.A) Stock

Berkshire Hathaway missed EPS estimates in Q3 FY24 due to losses in the insurance segment. However, I believe the bigger picture ought to focus on the conglomerate's capital allocation. Cash buildup is occurring but opportunities to deploy may not come soon as the S&P 500 is rising driven by sustainable EPS growth not overhyped multiple expansion. Valuations are elevated for Berkshire at 1.62x P/B levels; a historical peak vs the median P/B of 1.46x.

Warren Buffett told Berkshire Hathaway shareholders in 2022 that anyone advising their kids on how to "make money per point of IQ and per erg of energy, tell them to go to Wall Street." That doesn't necessarily mean Buffett thinks Wall Street is full of high-IQ individuals, though.

Few if any billionaire money managers are more revered on Wall Street than Berkshire Hathaway's (BRK.A 0.30%) (BRK.B 0.24%) CEO Warren Buffett. Since ascending to the role of CEO in the mid-1960s, the Oracle of Omaha has overseen a cumulative return that surpasses 5,771,000%, as of the closing bell on Nov. 22.

#Morningstar  #WarrenBuffett #StockInvesting Berkshire Hathaway recently bought shares of these companies, but we think these stocks are unattractive today. 00:00 Introduction 00:17 Domino's Pizza DPZ 01:15 Sirius XM Holdings SIRI Susan Dziubinski: I'm Susan Dziubinski with Morningstar.

It's easy to understand why Warren Buffett is one of the greatest investors ever. His company Berkshire Hathaway has delivered outstanding returns for shareholders since Buffett took over the company in 1965.

Warren Buffett is widely regarded as one of the best investors of all time, and the stock of the company he runs, Berkshire Hathaway (BRK.B 0.18%) (BRK.A 0.30%), has helped create a number of millionaires over the years. In fact, it has even helped create a couple of billionaires in Buffett and his now-deceased former right-hand man, Charlie Munger.

Plenty of big-time investors have made a name for themselves over the years, but arguably none have become as big of a household name as Warren Buffett. Thanks to personal achievements and the success of his company, Berkshire Hathaway (BRK.A 0.30%) (BRK.B 0.18%), Buffett has even become known as the "Oracle of Omaha.

Ulta Beauty's stock has declined as Berkshire Hathaway sold its stake, raising concerns for other investors. Recent results show weakening consumer demand and flat to negative sales growth projections for 2024. Despite recent weakness, Ulta's two-year comparable sales are still strong, but future growth may be limited due to U.S. market saturation.

Nearly every investor knows about Berkshire Hathaway (BRK.A 0.99%) (BRK.B 0.95%) and its iconic leader, Warren Buffett. Over the decades, Berkshire has generated average annual results of roughly 20%.