Who can explain BRK.A ripping to the upside this quarter?

Discussion in 'Stocks' started by Math_Wiz, Mar 17, 2022.

  1. deaddog

    deaddog

    You asked why the price was going up. Earnings is one posible answer.
     
    #31     Mar 18, 2022
  2. canada812

    canada812

    Value stocks are coming back after 12 years of underperformance.
     
    #32     Mar 18, 2022
  3. Math_Wiz

    Math_Wiz

    Not sure why you are saying Berkshire doesn't own publicly traded companies like AAPL.
    If you google "how much apple does berkshire own," you will see that Berkshire does indeed own publicly traded AAPL shares, and they are currently valued at $157 billion.

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    #33     Mar 18, 2022
  4. The guy said "not only public companies"! Berkshire is not only having hundreds of billions in stocks they have hundreds of billions in businesses they own. The reason they were able to invest in Coke or American Express is decades ago, their insurance business threw off massive cash so reinvested. They bought, a railroad for $30-$40B, a decade ago, they bought some lubricant company for $10B, a decade ago. They own like Century 21 and it's under their Berkshire Homes division. They own Dairy Queen and I think Fruit of the Loom. They're also sitting on around $150B in cash.
     
    #34     Mar 18, 2022
    jys78 likes this.
  5. Just found this: https://en.m.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway
     
    #35     Mar 18, 2022
  6. Math_Wiz

    Math_Wiz

    You are right, Google is showing BRKA market cap as $750B. But I don't understand that. If you google how many shares exist of BRKA, it says 620,000 shares. Multiply that times today's closing price of $514,000, and you get $320B, not $750B.

    I'm lost, lol. How is google getting a market cap of $750B?
     
    #36     Mar 18, 2022
  7. Math_Wiz

    Math_Wiz

    BRKA market cap from google:
     
    #37     Mar 18, 2022
  8. Millionaire

    Millionaire

    It looks like the other 440Billion comes from BRKB
     
    Last edited: Mar 19, 2022
    #38     Mar 19, 2022
  9. ph1l

    ph1l

    Last edited: Mar 19, 2022
    #39     Mar 19, 2022
    Math_Wiz likes this.
  10. ph1l

    ph1l

    I saw that too and fixed the other post. Anyway, what's a $126 billion difference among friends?:D
     
    #40     Mar 19, 2022