5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP548: Berkshire Hathaway Masterclass 2023 w/ Chris Bloomstran

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Warren Buffett Buys Banks After a Banking Crisis

I can see Apple back at 15 times earnings. And so you drop it from 25 to 15, you're 40% down on the multiple offset by whatever the growth is in the business. Coke's not going to grow as it had. You essentially are going to get a mid single digit, maybe a six or seven percent out of it. The positives will be covered, but you'll see some, I think you've got ongoing bank troubles.

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