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Non-Tech : Berkshire Hathaway Class B

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To: Benkea who wrote (937)8/14/1999 12:51:00 PM
From: The Duke of URLĀ©  Read Replies (1) of 1652
 
"doesn't a 37% increase in revenues count for anything."

The VAST majority of this was from ACQUISITIONS, not organic growth!

My General remembrance is that Warren Stated Earning as combined for 98 so that the comparison would be more meaningful and would not be skewed by acquisitions. I know the merger documents were stated in this manner.

Has anyone done a lookthrough earnings analysis? Oh, and BTW, in the past, very little attention was paid to the P/E.

It's going to be a very interesting Monday.

Duke
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