Berkshire Hathaway (BRK.B) 1Q2018 Results Analysis indicate that the company is moving along slow and steady with existing operating companies continuing to generate cash. With the exception of Insurance Businesses all other operations are doing well and generating earnings growth.
Not withstanding the $12B invested in APPL in the latest quarter BRK.B inability to invest the $112B cash has been a major disappointment and a drag on the growth of the book value and earnings power. Warren Buffets performance as the Chief Capital Allocator over the last 24 months has been a huge disappointment.
Mritik Capital rates BRK.B a HOLD with a price target of $250 for 2018 year end.
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