You asked why the price was going up. Earnings is one posible answer.Well yeah, but that's "last quarter", and AAPL and BRKA and others all did very well last quarter, in line with your post. But what about THIS quarter?
You asked why the price was going up. Earnings is one posible answer.Well yeah, but that's "last quarter", and AAPL and BRKA and others all did very well last quarter, in line with your post. But what about THIS quarter?
Berkshire doesn’t own only publicly traded companies like AAPL, but it is also a company on its own, holding many private businesses/companies that in total may be worth more than its AAPL stake. BRK market cap is $750B. What should be any company’s market cap if it didn’t own anything else beside 100% AAPL worth $150B?
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.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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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.
Berkshire doesn’t own only publicly traded companies like AAPL, but it is also a company on its own, holding many private businesses/companies that in total may be worth more than its AAPL stake. BRK market cap is $750B. What should be any company’s market cap if it didn’t own anything else beside 100% AAPL worth $150B?
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?
I'm lost, lol. How is google getting a market cap of $750B?
I saw that too and fixed the other post. Anyway, what's a $126 billion difference among friends?You got those answers the wrong way around
