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BRK.ABRK.BBULLISHSubstantive discussion · 3/5

S&P 500 valuation stretch versus Berkshire

The argument was presented that the S&P 500 is overextended at high valuation multiples, making Berkshire Hathaway's cash-heavy balance sheet relatively more attractive.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE