Ace investor has stopped buying this stock after investing $77.8 billion into it Warren Buffett ... its operational and treasury income to create a sustainable growth engine. Raamdeo Agrawal on price, ...
Could it be valuation? Berkshire Hathaway is trading with a forward price-to-earnings (P/E) ratio of 23.5. A stock is considered a value when it has a much lower P/E ratio, usually under 15.
Apple stock promptly soared 10.5% the next day. Berkshire Hathaway's share price increased by less than 1%, a ho-hum move despite Apple's great quarterly update.