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Open original source ↗@KlendathuCap Yep.
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Since Berkshire is an insurer, it needs a lot of cash on hand, and so ratio charts tend to be more informative than nominal charts. Berkshire's cash amount as a share of enterprise value has averaged 24% over 20+ years, whereas today it's nearly twice that at 44%. https://t.co/sEPZiW90dh
LynAldenContact ↗