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Strategies & Market Trends : Buy Berkshire instead of Vanguard S&P (BRKA)

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From: Patsy Collins4/27/2007 10:01:23 PM
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Time to consider BRK/A (BRK.A) again.

Back in 6/1997 when we first looked at BRK/A at 47,200 sporting a P/E of 48.91, the SPX was 885.14

BRK rallied nicely to over 80,000 by 6/1998

Another great run started 2/2003 at 61K to 94.5K by 2/2004

Over the last year, it returned 23% and -1% in 2007

At a PE 16.5 currently, it's near the 20.45 at the beginning of that 61K to 94.5K move back in 2003.

BRK's run doesn't happen every year as Buffett seems to do great work in leap year cycles. Perhaps we are heading into another in 2007.

Let's hope there are no major storms for the rest of 2007.

Patsy
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