Berkshire Hathaway: Still The Ultimate SWAN Financial Stock

Nov. 24, 2022 7:30 AM ETBerkshire Hathaway Inc. (BRK.A), BRK.BATVI, BAC, BK, CE, CVX, GM, JEF, KR, LPX, MSFT, OXY, PARA, RH, TSM, USB, STOR27 Comments
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BeanKounter Capital
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Summary

  • Berkshire Hathaway recently reported Q3 results, which included new stakes in Jefferies Financial, Louisiana-Pacific, and Taiwan Semiconductor.
  • They were a net buyer of stocks in Q3, and continued to add to their large positions in the energy sector with Chevron and Occidental Petroleum.
  • While the rest of the market has had a rough 2022, shares of Berkshire are roughly level YTD, and the valuation is still attractive today.
  • They also bought back just over $1B in stock in the quarter. While the buybacks have slowed over the last couple quarters, the share count should continue to decline in the coming years.
  • Berkshire is still the gold standard in the financial industry, with a cash-laden balance sheet, large equity portfolio, and exposure to various sectors of the economy.
Fortune"s Most Powerful Women Summit - Day 2

Paul Morigi

For this short Thanksgiving week, I decided to focus on Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) and three of the newest equity holdings. These included Jefferies Financial (JEF), Louisiana-Pacific (LPX), and a large stake in

This article was written by

BeanKounter Capital profile picture
4.65K Followers
CPA and former Big 4 auditor. I break down investments in qualitative and quantitative terms, and I look for investments that will compound my money over the long term.

Disclosure: I/we have a beneficial long position in the shares of BRK.B, ATVI, RH either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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