Greggory Warren

Warren Buffett vehicle made $95 billion from sales of Apple stock this year.

With increased cash, limited catastrophe losses, and equity selloffs, here’s what we think of Berkshire stock.

We’ve also raised our fair value estimate of Berkshire’s stock to reflect our updated forecast for its businesses and portfolio.

We’ve lowered our fair value estimate for Franklin stock.

The firm has also trimmed Chevron and Capital One.

Record cash on hand as Buffett slashes Apple stock position.

Our full-year forecast still calls for top-line growth, noting that the back half of each year tends to be stronger for BlackRock.

May 5, 2024 ... Berkshire Hathaway Class B Stock vs. Morningstar Fair Value Estimate. Source: Morningstar Direct. Data as of Apr 30, 2024 .

We maintain our fair value estimates on the share classes after earnings.

We expect to slightly increase our fair value estimate of BlackRock stock.