4min 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

The Perils of Investing in a Stock Portfolio

The overall stock market allowed Berkshire to spend a whole bunch of money. The portfolio ended the year just under $310 billion down from 350, but they spent $50 billion. So you had a big loss and book value decline. But it was a more wholesome book. And so that portfolio drops in change times earnings going into 2022 to under 14 times last year.

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