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Tuesday, 11/08/2022 7:47:33 AM

Tuesday, November 08, 2022 7:47:33 AM

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"Berkshire Hathaway Is Now A Utility Company." Forget Dairy Queen and Sees Candies, and about 90 of the 100+ BRK holdings including perhaps the 14 or so insurance companies. This is something I've been saying for quite awhile and especially after Buffett's brilliant 2022 OXY buys. Energy is Buffett's legacy and future.

"Article Summary from SA
* Berkshire Hathaway has a unique portfolio of assets that remains undervalued as highlighted through continued share repurchases.

* The energy business is essential for the company. It remains volatile presenting new opportunities and can consume massive capital.

* The business represents the largest source of the company's earnings and we expect that growth to continue"

https://seekingalpha.com/article/4554211-berkshire-hathaway-now-utility-company.

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